Protocol cross-chain compromise Multichain has confirmed some transactions, and its backlog of queued transactions has declined to only a single transaction, according to data from Multichain’s explorer utility.
Multichain confirmations on November 11, 2023. Source: Multichain.org.
The protocol has been compromised, so browsers with the Metamask wallet extension display a warning when users attempt to view the Multichain Explorer.
However, it can be viewed with a browser that lacks a Web3 wallet extension. The transactions appear to be coming from a limited number of addresses, indicating that they may be an attempt by the attacker to move funds or else part of a recovery effort by the team.
As of 21:30 UTC, there is only one pending transaction listed on the Multichain Explorer. According to the Multichain Block Explorer, transactions began to confirm on November 1 at approximately 9:00 a.m.
Some transactions on the destination chain have been confirmed. For example, a transaction of approximately 20 DAI from Ethereum to Avalanche was confirmed at 1:56 p.m.
UTC on Avalanche. A deposit of 0.1 BTC from Ethereum to Polygon at 2:44 UTC is confirmed on the Multichain block explorer, but not on Polygon.