Circle freezes $63m in USDC in response to Multichain breach

circle-freezes-$63m-in-usdc-in-response-to-multichain-breach

Following the detection of a substantial token movement from Multichain’s bridging networks to an undisclosed address, the platform has temporarily suspended its services. On-chain investigators had previously speculated about a potential multimillion-dollar exploit as they observed cryptocurrency being withdrawn from…

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