Major Cryptocurrency Firms Freeze Assets Linked to Multi-Million Dollar Blockchain Exploit

Blockchain data has exposed that stablecoin companies Circle and Tether are in possession of frozen funds linked to a recent multi-million dollar Multichain exploit. Here’s the latest update on the cryptocurrency market! The FTM Hack! Earlier this week, Blockchain security company PeckShield detected that an interchain cryptocurrency platform known as Multichain’s Fantom (FTM) bridge had been exploited, resulting in a loss of $126 million worth of digital assets. The stolen cryptocurrencies included Chainlink (LINK), Wrapped Bitcoin (wBTC), Wrapped Ethereum (wETH), and stablecoins Dai (DAI), USD Coin (USDC), and Tether (USDT). According to the on-chain data aggregator Scope Protocol, USDC regulator Circle, froze three wallet addresses linked to the exploit. Surprisingly, these addresses collectively held $63.2 million in USD Coin. The company stated the following: Three Multichain hacker addresses (0x027F / 0xefEe / 0x48Be) have been frozen by Circle. These addresses were holding assets totaling $65 million, including 63.2 million USDC […] The post Major Cryptocurrency Firms Freeze Assets Linked to Multi-Million Dollar Blockchain Exploit appeared first on COINTURK NEWS.