EVM Network Halts Block Production After Supply Exploit
Validators froze the chain and severed its TON connection, keeping restart timelines and total exploit damages under wraps.
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Key takeaways
- An EVM network froze block production after suffering a supply exploit.
- The project's connection to the TON network remains completely offline.
- Validators coordinated the shutdown in a response wider than May's TAC bridge incident.
- The team has not released details on the stolen supply or a restart timetable.
An EVM network has completely halted block production following a supply exploit.
Validators coordinated to shut down block generation across the entire chain. At the same time, the network's connection to TON remains offline. This validator-led intervention is a far broader response than the bridge containment measures we saw during TAC's exploit back in May.
Missing Details on Damage and Timeline
The project has disclosed very little about the breach. Team members still haven't revealed how much supply was affected by the exploit. They haven't provided a timeline for restarting the network, either.
Why it matters
Unplanned network halts leave your funds trapped in limbo. Plain and simple. Without a clear timeline for a restart or any details on the total financial damage, traders and liquidity providers are left waiting in the dark while cross-chain connections stay down.
Source: CryptoSlate
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