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Stablecoin Issuers Circle and Tether Freeze Stablecoins Tied to Multichain Exploit: On-Chain Data

By Mehron Rokhy at 2025-05-09 22:21

Sentiment: Negative

Blockchain data reveals that stablecoin firms Circle and Tether have frozen coins linked to the recent multi-million-dollar Multichain exploit. Earlier this week, blockchain security firm PeckShield found that Multichain, a cross-chain crypto platform, saw its Fantom (FTM) bridge hacked to the tune of $126 million worth of digital assets. The crypto assets stolen include Chainlink […] The post Stablecoin Issuers Circle and Tether Freeze Stablecoins Tied to Multichain Exploit: On-Chain Data appeared first on The Daily Hodl. Continue reading...

Categories: Altcoins

Tags: #Altcoins #Scams # Schemes and Hacks #chainlink #Circle #Crypto #exploit #fantom #FTM #Hack #link #multichain #News #PeckShield #tether #usd coin #usdc #usdt #WBTC #wETH #Wrapped Bitcoin #wrapped ethereum

Source The Daily Hodl