1 year ago
Multichain, 1 of largest bridging protocols successful the crypto ecosystem, said Wednesday it was suspending cross-chain routes and revealed that its CEO Zhaojun could not beryllium contacted.
“In the past 2 days, the Multichain protocol has experienced aggregate issues owed to unforeseeable circumstances,” the relationship tweeted. “The squad has done everything imaginable to support the protocol running, but we are presently incapable to interaction CEO Zhaojun and get the indispensable server entree for maintenance.”
Without server entree the remaining squad revealed it could not support the bridges online for Kekchain, PublicMint, Dyno Chain, Red Light Chain, Dexit, Ekta, HPB, ONUS, Omax, Findora and Planq.
After days of rumors, the disclosure of Multichain’s server entree issues served to corroborate that astatine slightest 1 cardinal squad subordinate has gone AWOL. Zhaojun has not responded to CoinDesk via Telegram since being contacted erstwhile problems archetypal arose past week.
Multichain’s autochthonal token MULTI was trading astir $4.11 astatine property time, having mislaid astir fractional its worth successful the past 7 days.
Edited by Danny Nelson.
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