Cross-chain router protocol Multichain (formerly Anyswap) urges users to revoke approvals for six tokens to avoid loss due to a “critical vulnerability” that is currently being exploited by malicious individuals.
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Users who approved WETH, PERI, OMT, WBNB, MATIC and AVAX on the Multichain platform are now at risk. To avoid loss, the Multichain team advises users to cancel all of the approvals. given to the tokens specified.
Multichain also published a step-by-step tutorial on how users can easily revoke approvals. In a tweet, The firm also advised users not to transfer any of the affected tokens before revoking the approvals.
Revoking access can easily be done using Debank.com
The vulnerability was first detected by a security firm called Dedaub and was reported to the Multichain team. The problem was then fixed, and Multichain reports that all digital assets their V2 Bridge and V3 Router are secured.
However, at the moment, hackers are still exploiting the vulnerability to gain access to users’ funds. At the time of writing, Multichain reports that a total of 445 WITH ($1,412,274.25) is affected.
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Tony Chimdiuto