Magickbase Investigates $3.7 Million Hack with Law Enforcement

According to PANews, Magickbase has announced an update on a hacking incident via the X platform. The company is actively collaborating with local law enforcement and partner exchanges to investigate the matter and identify those responsible. The total amount of funds affected is approximately $3.7 million, with around $3.1 million on the Ethereum blockchain and $600,000 on the BNB Chain. As a precautionary measure, the Force Bridge, which connects ETH/BSC to CKB, has been temporarily disabled until further notice. Magickbase will continue to provide updates as the situation develops.