The vice president of the cross-chain protocol Multichain, Tung Din, announced that the inter-network bridge Router 2 has resumed operation, after it had caused issues in the network.
Router 2 is back !
— Mog ∞ (@tungtdinh) June 5, 2023
The head of 0xScope noted that some Multichain cross-chain services, including Zksync Era, Kava EVM and Avax C-Chain, are also functioning properly.
Seems Zksync Era/Kava EVM/Avax C-Chain Multichain service is back in action!?
Zhao Jun unjailed? pic.twitter.com/cL3oD5YELU
— Bobie(?.?) (@0xBobie) June 5, 2023
Users confirmed in the project's Telegram channel that the protocol is functioning. However, some complain about liquidity shortages in the Arbitrum pools.
The community is also asking when the stuck transactions will be recorded on the chain. They say they have been waiting for confirmations for more than three days.
Likely, the protocol team still has to fix Router 5, which went offline on May 31.
Rumours about the arrest of the Multichain team in China remain unclear. Recently, Tung Din has been the main contact with the community. The whereabouts of CEO Zhao Jun remain unknown.
The native MULTI token rose following the resumption of operations. Over the past 24 hours the coin gained 18.54% to $4.22. At one point the asset tested the $5 level.
Первые технические проблемы у Multichain arose on May 21. Users reported transactions stuck in the blockchain due to an error during a network upgrade.
На фоне неполадок криптовалютная биржа Binance suspended deposits in tokens POLS, ACH, BIFI, SUPER, AVA, SPELL, ALPACA, FTM, FARM and DEXE.
Multichain developers pledged compensation to users affected by the "force majeure". On the same day, despite the ongoing uncertainty around the project, MULTI rose by 36%.