Tether freezes $2.5 million of USDT transferred from Multichain

Stablecoin issuer Tether has frozen $2.5 million of USDT tied to a likely exploit of cross-chain router protocol Multichain. Multichain's Fantom bridge was seemingly exploited for nearly $130 million after an attack that siphoned assets from a number of bridges. That amounted to nearly the…#stablecoin #tether #usdt #usdc #fantomfoundation #circle #ethereum

Source: Reuters: Health - July 8, 2023 Category: Consumer Health News Source Type: news