Magickbase Investigation Underway after $3.7 Million Theft

Magickbase has released an update regarding a recent hacking incident, confirming collaboration with law enforcement and partners to determine responsible parties. The reported theft amounts to approximately $3.7 million, with $3.1 million stolen from Ethereum’s blockchain and another $600,000 from BNB Chain. The Force Bridge, connecting Ethereum/Binance Smart Chain to CKB, has been temporarily disabled as a precautionary measure pending further investigation. Magickbase will provide updates on the situation as they become available.