On July 6, 2023, the cryptocurrency world was rocked by a significant exploit involving the multichain bridge. The exploit resulted in substantial outflows from the bridge, raising alarms across the industry. As a consequence of the exploit, the Multichain protocol made the difficult decision to suspend its operations, further highlighting the severity of the situation. The post Fantom Opens Proposal for Refunds in Multichain $130M Exploit appeared first on CoinGape .