Multichain

Multichain

More than $200,000 was stolen by an unknown hacker who exploited a bug in the Multichain cross-chain protocol.

The whitehat hacker had even offered to return 80% of the funds that they took.

There had been several hacks on this platform via various blockchain transactions.

Source: https://www.theblockcrypto.com/post/130818/hacker-steals-200000-through-multichain-bug-offers-to-return-80-to-victim

TPRM report: https://scoringcyber.rankiteo.com/company/multichainofficial

"id": "mul191024422",
"linkid": "multichainofficial",
"type": "Vulnerability",
"date": "01/2022",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization's existence"
{'affected_entities': [{'industry': 'Blockchain',
                        'name': 'Multichain',
                        'type': 'Cross-Chain Protocol'}],
 'attack_vector': 'Exploitation of Protocol Bug',
 'description': 'More than $200,000 was stolen by an unknown hacker who '
                'exploited a bug in the Multichain cross-chain protocol. The '
                'whitehat hacker had even offered to return 80% of the funds '
                'that they took. There had been several hacks on this platform '
                'via various blockchain transactions.',
 'impact': {'financial_loss': 'More than $200,000'},
 'motivation': 'Financial Gain',
 'threat_actor': 'Unknown Hacker',
 'title': 'Multichain Cross-Chain Protocol Exploit',
 'type': 'Cryptocurrency Theft',
 'vulnerability_exploited': 'Bug in Multichain cross-chain protocol'}
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