The Multichain team announced via Twitter on Monday that it has temporarily suspended cross-chain services for BNB Smart Chain. The suspension comes due to BNB Network upgrades & hard forks, and Multichain added that the bridge would be reopened once the upgrade is completed.
Multichain, previously known as Anyswap, is a decentralized cross-chain swap protocol and bridge infrastructure. The Multichain platform supports multiple blockchains, which enables users to swap and bridge tokens across numerous chains on one platform.
MULTI, the native token of the Multichain ecosystem, is down by 1% in the last 24 hours and currently trades at $3.99.