2 / 2 Relevant items tagged with #Multichain

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Mysterious Disappearance of Multichain CEO Sends Shockwaves Through Crypto Community

[Jun 3, 2023 9:30 AM] Four days ago, on May 31, 2023, the cross-chain protocol Multichain announced on Twitter that the team has been unable to locate the firm’s CEO. As a result, controls to several blockchain network routers have been impaired. The…

As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens

[Jun 1, 2023 9:55 AM] The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridges.

Gate.io denies liquidity problems after Multichain CEO goes missing

[May 31, 2023 3:58 PM] Some Twitter users posted transactions showing large inflows of MULTI and FTM to Gate.io, leading them to perceive a connection between the two organizations.

Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun

[May 31, 2023 11:54 AM] Multichain has suffered days of issues amid swirling rumors over the fate of its team.

Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl

[May 26, 2023 10:56 AM] The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts.

Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain

[May 25, 2023 9:30 PM] On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are…

FUD Or Fact? Multichain Team Arrested, On-Chain Data Uncovers Fantom Exposure To Wrapped Tokens

[May 25, 2023 4:00 PM] Rumors of the arrest of the Multichain team have sent shockwaves throughout the Fantom ecosystem. Despite trading volumes of $129 million, the fear, uncertainty, and doubt (FUD) have resulted in a 5x increase in daily bridging volumes. However…

Multichain token plunges 30% on backend upgrade delay

[May 24, 2023 9:25 AM] The Multichain protocol’s TVL remains largely unchanged at $1.6 billion despite a large sell-off in the token.

‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder

[Apr 1, 2023 2:30 AM] According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users…

Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain

[Mar 22, 2023 2:00 PM] The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past…

Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse

[Feb 16, 2023 11:00 AM] Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is…

‘Multichain future is very clear’ — MetaMask to support all tokens via Snaps

[Feb 7, 2023 5:10 AM] MetaMask eyes a multichain-friendly future with the ongoing development of Snaps allowing future blockchain integrations and extensions to its browser-based service.

Trader Joe takes its first step into the Ethereum ecosystem

[Dec 1, 2022 8:21 PM] Despite the new multi-chain vision, the Trader Joe team confirmed that its “true home” and “top priority for all growth efforts” will continue to be on Avalanche.

Crypto stablecoin issuer Circle adds Apple Pay support

[Nov 15, 2022 8:11 PM] The stablecoin issuer said Apple Pay support allows traditional businesses to experience the benefits of crypto settlement while allowing crypto businesses to engage with non-crypto-using customers.