A major vulnerability has occurred in Multichain Fantom Bridge, a decentralized application that allows users to transfer assets between different blockchains.
According to reports, hackers exploited a vulnerability in the bridge’s smart contract. Wrapped Bitcoin (WBTC), USD Coin (USDC), Dai (DAI) And Wrapped Ether (WETH) He emptied millions of dollars worth of crypto assets, including
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stolen cryptocurrency The exact amount of their funds is still unclear, but some estimates suggest that the hackers siphoned 7214 WETH, 1023 WBTC, 57 million USDC and an unknown amount of DAI.
*Not investment advice.
Source: Bitcoinsistemi.com