Multichain ethereum binance chain avalanche 60m

Multichain as a protocol provides interconnecting infrastructure for public blockchains, including Ethereum, Binance Smart Chain, Avalanche, Moonriver, etc.  Multichain ethereum smart avalanche 60m On 7 May 2019 Binance, one of the world’s largest cryptocurrency exchanges, suffered a hack that resulted in the loss of over $40 million worth of bitcoin. In a statement, Binance shared that hackers used a variety of techniques, including phishing, viruses and other attacks to withdraw 7000 BTC in a single transaction. Binance announced it would use the #SAFU fund to cover the incident in full.

Thanks Binance Smart Chain @BinanceChain for promoting #Multichain as officially recommended bridge🔥#Multichain‘s top priority is to guarantee the security of on-chain assets🏦 https://t.co/CEocRygXzq Venture Capital Binance Labs Leads $60M Financing Round for Multichain IOTA’s ShimmerEVM Bolsters Onboards Cross-Chain Capabilities With LayerZero's Technology

Staking Pools allow new projects to promote their platforms to the Bami community by distributing a portion of tokens to BAMI investors. Closing Thoughts “Our strategic partnership will enable us to explore new horizons and revolutionize the blockchain ecosystem together, providing developers with the tools and resources they need to bring about a more decentralized and connected future,” said the Managing Partner of DWF Labs, Andrei Grachev.

As per the press release, Multichain provides cross-chain infrastructure for 25 mainstream public blockchains including Ethereum , Fantom , Binance Smart Chain , Avalanche , Moonriver , Arbitrum, Polygon , and Harmony . Besides the Total Value Locked on the cross-chain protocol is over 300k, nearly $5 billion, with over 1,000 crypto assets circulating among different mainnets. Speaking on the latest announcement Zhaojun, the Co-founder of Multichain. Token Ownership The large movement of USDC has definitely been a common event lately. Last month, a considerable amount of USDC was moved following the Multichain security breach. The Multichain security breach on July 7 was significant within the industry this year. Stablecoin issuers Tether and Circle took action by blacklisting five addresses that were recipients of a portion of the $126 million in stolen funds. These companies placed a freeze on $67.5 million worth of USDC and USDT, equivalent to roughly 50% of the funds that were taken from the cross-chain protocol.