Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    TRX’s value increases after the DAO burns an old batch of TRX

    June 6, 2023

    Dash Blockchain Collapses After A Botched Upgrade

    May 25, 2023

    ‘Back in the Chop’: Crypto Analyst Breaks Down a Bouncing Bitcoin (BTC)

    September 21, 2023
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      8,000 Bitcoins awaken after 5 years – Whale strategy or ETF play?

      June 14, 2025

      Bitcoin’s High Euphoria Spurs UK Company’s $4.7 Million Buy

      June 12, 2025

      Why are altcoins like Axelar, Aave, Uniswap, Pepe going up today?

      June 10, 2025

      XRP Price Watch: RSI Neutral, MACD Turns Bullish in a Tight Range Battle

      June 9, 2025

      Bitcoin At A Crossroads: $97,000 Cost Basis Holds Key To Next Breakout

      June 8, 2025
    • Technology

      Small caps, big moves: These altcoins outshine Bitcoin

      June 14, 2025

      Comment on Hacker Behind $2M Crypto Hack Offered Role by Targeted Protocol by James Cyrus

      June 13, 2025

      Uniswap (UNI) Gears for Rally as $10.35 Resistance Becomes Make-or-Break Level

      June 12, 2025

      The Blockchain Group Pushes Institutional Crypto Wave in Europe

      June 11, 2025

      best altcoins to buy now

      June 10, 2025
    • Learn/Guide

      Invesco, Galaxy Digital file to launch Solana ETF in Delaware amid SEC approval buzz

      June 14, 2025

      Cardano founder Charles Hoskinson proposes converting $100M ADA to Bitcoin and stablecoins

      June 13, 2025

      BlackRock targets to become world’s largest crypto asset manager by 2030

      June 12, 2025

      Nasdaq-listed Interactive Strength plans to invest $500M in Fetch.ai’s FET token to build an AI-focused crypto treasury

      June 11, 2025

      Eric Trump-backed American Bitcoin discloses 215 BTC holdings

      June 10, 2025
    • NFTs

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025

      Daizen: Elevating the NFT Multiverse on Apechain Blockchain | NFT CULTURE | NFT News | Web3 Culture

      December 5, 2024
    • Regulation

      SEC Drops Binance Lawsuit: How Regulatory Clarity Could Spark a BNB Price Rally

      May 30, 2025

      Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

      March 31, 2025

      Utah Moves Closer To Bitcoin Reserve As Bill Advances To Senate Standing Committee

      February 23, 2025

      Bitcoin ETFs In Focus As Kansas Senator Proposes Up To 10% Pension Fund Allocation

      January 26, 2025

      MicroStrategy May Face Tax Issues Over $19 Billion Unrealized Bitcoin Gains: Report

      January 25, 2025
    • Business

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024

      Brazil Prepares to Let Tradfi Institutions Embrace Crypto

      November 13, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » Multichain protocol sails through all challenges
    Technology

    Multichain protocol sails through all challenges

    June 5, 20232 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Multichain protocol sails through all challenges
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The multichain protocol has been compelled to block all cross-chain services for the sake of safeguarding the interests of connected users. At the present moment in time, the protocol is going through a rough patch of functional interruptions because of factors they were completely unaware of. This important bit of information was received through a formal statement made by MultichainOrg. All of this means that it will not be possible to make calls to the chains that have been impacted. Incidentally, the Multichain protocol was previously known by the name, Anyswap. 

    The primary issue that the company seems to be facing is the fact that currently, the CEO, Zhaojun, is simply incommunicado. This is leading to difficulties in getting connected to the servers for the purpose of carrying out the maintenance processes that are the need of the hour. This is what is causing an immense amount of inconvenience where adequately neutralizing the situation is concerned. 

    As a recently released report suggests, the team seems to have been able to identify a glitch pertaining to the Router5 scanning node network. Due to this, the normal functioning related to the cross-chain service of various chains has been adversely affected. With all of these occurrences being beyond the team, they have, with immediate effect, blocked all of the cross-chain services pertaining to the affected chain that is on the user interface. A situation much like this also occurred a short while back in the case of Router 2. 

    These technical issues are responsible for the negative impact they have had on various chains. To name some of the chains are the Kekchain, as well as PublicMint, Dyno Chain, Red Light Chain, Dexit, and Ekta. There is also the HPB, the ONUS, Omax, Findora, and Planq. All of these mentioned chains are going through their own set of hiccups.

    In this regard, the team has reached out to the users with the request of temporarily avoiding the calling to the Multichain protocol smart contracts, as well as the impacted chains, for the purpose of carrying out cross-chain activities. Presently, the entire team is actively involved in rectifying the situation and is confident they will come out of it unscathed. 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Small caps, big moves: These altcoins outshine Bitcoin

    June 14, 2025

    Comment on Hacker Behind $2M Crypto Hack Offered Role by Targeted Protocol by James Cyrus

    June 13, 2025

    Uniswap (UNI) Gears for Rally as $10.35 Resistance Becomes Make-or-Break Level

    June 12, 2025

    The Blockchain Group Pushes Institutional Crypto Wave in Europe

    June 11, 2025
    Top Posts

    COTI: Keeping Blockchain Data Private on Ethereum

    June 12, 2024

    Setback for Matter Labs over ‘zero-knowledge’ trademark aim

    June 4, 2024

    Only 0.76% of pump.fun wallets made $1,000 or more: CN research

    August 27, 2024

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    8,000 Bitcoins awaken after 5 years – Whale strategy or ETF play?

    June 14, 2025

    Bitcoin’s High Euphoria Spurs UK Company’s $4.7 Million Buy

    June 12, 2025

    Why are altcoins like Axelar, Aave, Uniswap, Pepe going up today?

    June 10, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.