Addresses Multichain Rumors After Twitter Uproar.

A series of tweets alleging a connection between Multichain and cryptocurrency exchange led to rumors of insolvency for the latter. However, released a statement on Wednesday denying any issues with their operations or withdrawals. According to reports, problems with Multichain, a bridging platform for crypto, may have had an impact on The CEO of Multichain, Zhaojun, was reportedly unable to be contacted. Blockfence, a company that protects against scams and fraud, advised people to withdraw or transfer assets, and Nansen reported $131 million in net outflows from on Ethereum as of Thursday morning. Despite the rumors, emphasized that it is a well-operated exchange committed to providing secure and reliable digital asset trading services.