2023 Multichain Hack
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2023 Multichain Hack
| Discovered On | 2023-07-07 |
| Stolen Amount | $120M |
| Affected Networks |           |
| Read More | thedefiant.io, twitter.com, github.com |
Description
Over $120M was stolen by hackers that exploited the Multichain MPC wallets. As of now it is unclear how this compromise happened. No approved user funds have been stolen, but the Multichain team has recommended revoking approvals due to the uncertainty of the exploit.
Affected users remain at risk as long as they haven't revoked their approvals, so it is recommended to use the Revoke.cash Exploit Checker below to make sure that you're safe.