Multichain Integrates with RSK Blockchain

Multichain, formerly known as Anyswap, has declared integration with RSK blockchain, a Bitcoin merge-mined smart contracts platform.

According to the press release, the integration seeks to enable the transfer of ETH, USDC, BUSD, and other assets between RSK, Ethereum, and BNB Chain.

The overall focus of the decentralized cross-chain router protocol will be on encouraging greater access to DeFi on Bitcoin.

The team disclosed that users will be able to bridge their ETH, USDC, BUSD, BNB, WBTC, and DAI between RSK, Ethereum, and BNB Chain.

multichain-integrates-with-blockchain-rsk

Following the development, Diego Gutiérrez Zaldívar, co-founder of RSK, said, he is excited to see Multichain prefer to integrate RSK as its first Bitcoin layer 2. RSK is home to the fastest-growing DeFi for Bitcoin ecosystem with protocols that are made to last and provide real solutions to the problems users face in centralized finance. This is a huge step forward in interoperability for RSK that signifies thousands of new users can access these DeFi services.

Multichain confirmed $60 million in December in a seed funding round led by Binance Labs. Afterward, a month later, the cross-chain protocol suffered a significant hack after attackers managed to manipulate a vulnerability.$3 million in cryptocurrency was drained during the process. However, one white hacker apparently, returned about $813,000 worth of ETH.


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