Hack history / 2023 / Hack or exploit
Multichain
Hack or exploit on May 25, 2023 · Unknown
ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked
What happened
Multichain tweeted that although most of the cross-chain routes of the Multichain protocol are operating normally, due to force majeure, some cross-chain routes cannot be used, and the time to restore services is unknown. After service is restored, pending transactions will be credited automatically. Multichain will compensate users affected during this process, and the compensation plan will be announced later. According to previous reports from multiple community users, there is an abnormal delay in the arrival of Multichain cross-chain funds. Markets show that the Multichain token MULTI has fallen 24.1% in the past 24 hours and is currently trading at $5.36.
Details
- Date
- May 25, 2023
- Kind
- Hack or exploit
- Method
- Unknown
- How in
- Bridge and cross-chain
- Target
- Bridge
- Chains
- not stated
After the theft
- Victims reimbursed
- yes, amount not stated
“Multichain will compensate users affected during this process, and the compensation plan will be announced later.” (SlowMist Hacked)
Reported by
Related incidents
Multichain drained of another $107 million days after previous theft 2023 · Hack or exploit · $107M
Multichain 2023 · Hack or exploit · $126M
Multichain 2023 · Hack or exploit · $130K
Multichain 2022 · Hack or exploit · $1.4M
Multichain 2021 · Hack or exploit · $7.9M
Multichain 2023 · Hack or exploit · $126M
Multichain 2023 · Hack or exploit · $130K
Multichain 2022 · Hack or exploit · $1.4M
Multichain 2021 · Hack or exploit · $7.9M
Cite this page
SwanBluechip, "Multichain hack, May 25, 2023: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht5b1661aa31/ (data as of 2026-11-01).