“In the past two days, the Multichain protocol has experienced multiple issues due to unforeseeable circumstances. Shortly following the incident, the company revealed that it couldn’t locate its CEO, and there have been no updates on his whereabouts, since.

Multichain will compensate users who are affected during this process, and the compensation plan will be announced later.” After service is restored, pending transactions will be credited automatically. “While most of the cross-chain routes of Multichain protocol are functioning well, some of the cross-chain routes are unavailable due to force majeure, and the time for service to resume is unknown. Input the amount you would like to request and click Send. You will be asked to review a safety warning. Select the asset you want to send, specify the amount, and choose the recipient.

Multichain said at the time of the incident, To initiate a send, click the Buy, Sell & Convert button on the Binance.US home screen and select Send & Request. Binance has not given a specific reason for halting support for the projects, but did briefly reference the incident in its announcement. The tokens were already suspended once in May following an incident described by Multichain as a “force majeure,” or an attack that left some routes on its bridge unavailable.

$shib binance