Multichain, the cross-chain protocol that was previously exploited, has verified several transactions, and the backlog of queued transactions has notably reduced to only one transaction, based on data from Multichain's Explorer tool. This blockchain data confirms that certain transactions have been confirmed on the target chain. However, some transactions are listed as confirmed in the Multichain browser but have yet to be confirmed on the target chain.
Currently, web browsers with the MetaMask wallet extension issue warnings when users attempt to access the Multichain browser, as the protocol had suffered a previous hack. However, users can still access it using a browser that doesn't have a Web3 wallet extension installed. It's important to note that using wallet applications to connect to Multichain is not recommended, and the website's security may be questionable.
These transactions primarily originate from a limited number of addresses, which suggests that they could be associated with attackers attempting to move funds or part of the recovery efforts by the Multichain team. As of 9:30 pm UTC, only one transaction was pending on Multichain's Explorer. Some transactions have indeed been confirmed on the target chain. For instance, a deposit of approximately 20 Dai was sent from Ethereum to Avalanche and was confirmed on Avalanche at 1:56 PM UTC.
However, another transaction, involving the deposit of 0.1 Bitcoin, sent from Ethereum to Polygon at 2:44 PM, appears to have been confirmed on the Multichain block explorer but not yet on Polygon. Cyber Alerts, a blockchain analytics platform, detected the resumption of transactions in the morning and posted this information on social media. Some sending accounts showed multiple transactions on November 1, indicating that the senders had confidence in the protocol's functionality.
