The crypto-currency community was excited by another fact of hacking the inter-network blockchain protocol. This time, the Multichain cross-bridge suffered. Hackers managed to withdraw about $130 million in digital assets. After this event, security experts from Slowmist stated that over the entire history of the blockchain, more than $30 billion was stolen as a result of exploits.

According to the hacking archives, as of July 7, 2023, the total losses from incidents have increased to this astounding mark. Sector researchers noted that they had recorded 1101 events related to blockchain exploits. According to experts, “in the light of such staggering figures, it becomes quite clear that projects and users should pay much more attention to security in the field of blockchain technology.”