Multichain CEO's Arrest Sparks Crisis, Urgent Safeguarding Measures Proposed
Multichain, a leading cross-chain router protocol renowned for its rapid deployment of blockchain applications, faces a major crisis following the arrest of its CEO, Zhaojun. The shocking development has sent shockwaves throughout the blockchain community, raising concerns about the protocol's stability and security.
In response, Multichain has unveiled a comprehensive plan to prevent and mitigate such unfortunate incidents in the future. The proposed strategies include reinforcing the protocol's governance framework, enhancing due diligence in leadership selection, implementing internal controls and audits, strengthening security measures, fostering community governance, and promoting transparency and communication. #multichain #GOATMoments #BNB