Storia crypto

Multichain bridge collapse

Multichain halted after abnormal transfers and uncertainty over control of cross-chain infrastructure.

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Multichain halted after abnormal transfers and uncertainty over control of cross-chain infrastructure.

Opaque key custody made technical compromise and authorised movement difficult to distinguish publicly.

Use chain records for transfers and dated team or legal records for attribution.

Storia crypto

Harmony's Horizon bridge was drained in 2022 after enough validating keys were compromised.

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A documented attribution should identify the authority making it and the incident it covers.

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The redemption mechanism explains the feedback loop; the court records explain the misleading claims surrounding it.

Storia crypto

Three Arrows Capital failed in 2022 after leveraged positions and falling collateral left claims it could not meet.