While the CEO of the cross-chain protocol Multichain has not been heard from for more than a week, a statement came from the team that some services were stopped.
The CEO of Multichain has not been heard from for over a week and is in the middle very serious speculation continues to roam. However, on the network critical leave And your powers Considering the fact that it is dependent on the CEO, the protocol has difficulties in maintaining its activities in a healthy way.
A recent social media run by the team in the statement, Multichain CEO of Zhaojun While it is stated that there is still no communication with the to serious problems placed:
In the past two days, the Multichain protocol has experienced numerous problems due to unforeseen circumstances. The team has done everything possible to keep the protocol working, but we are currently unable to contact CEO Zhaojun and provide the necessary server access for maintenance.
On the other hand, in the details of the statement made by the team, On 11 different bridges connected with the multichain cross-chain system It was declared that the transactions could not be carried out normally. The team emphasized that the technical problems experienced are beyond the current permissions and cannot be resolved without the CEO’s return. Between chains where bridge operations cannot be performed Kekchain, PublicMint, dyno chain, Rejection light chain, dexit, appendix, HPB, ONUS, Omax, Findora And planq took place.
This afternoon, there was a problem with Router5’s scan node network, which affected the normal cross-chain service of some chains. Moreover, this issue is beyond the current permissions and capabilities of the team. In order to protect the interests of our users, we have decided to suspend the relevant cross-chain service in the user interface for the affected networks. Last week the same problem was experienced in Router2.
Multichain CEO Zhaojun Chinese law enforcement In the shadow of allegations that he was arrested and questioned by MULTI, the price of MULTI had risen by more than 60% in the past days, fueling speculation.
However, experience helps us remember that a protocol should not be under the control of a single person. Decentralized structures In such days, privately controlled projects attract their investors in such cases. seriously damage seems inevitable.
According to CoinGecko data, in the last 24 hours 2.9% rising MULTI while typing at $4.07 is being traded.