Like most bridges, Multichain uses a mint-and-lock mechanism to move assets between the 92 blockchains it interacts with. For example, if a holder of USDC stablecoin bridges the asset from Ethereum to Fantom via Multichain, the token gets locked up in a smart contract on Ethereum and then issued anew on Fantom – in this case, as a “wrapped” token called anyUSDC.
Dogecoin and Elon Musk: Worth Manipulation Lawsuit Ends
After a two-year authorized battle involving claims of fraud, a lawsuit accusing Elon Musk and Tesla of manipulating meme cryptocurrency...
