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Strike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
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👉 https://www.gate.com/announcements/article/49357
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Details: https://www.gate.com/announcements/article/47889
Saga releases SagaEVM security incident investigation update: will fix and strengthen affected cross-chain and deployment components
CoinVoice has learned that on January 21, Saga detected and responded to a security incident affecting the SagaEVM chain. The incident involved coordinated deployment of contract sequences, cross-chain operations, and subsequent liquidity extraction. Based on prudent principles, the SagaEVM chain has been paused at block height 6593800 and is actively investigating and mitigating the issue. Approximately 7 million USD worth of USDC, yUSD, ETH, and tBTC have been transferred to the Ethereum mainnet.\n\nThe team is working with exchanges and cross-chain bridge platforms to blacklist the attack wallet and recover the stolen tokens, and will repair and strengthen the affected cross-chain and deployment components. This incident did not involve a consensus mechanism failure, validator intrusion, or private key leakage.\n\nCoinVoice previously reported that the Saga chain was suspected to have been hacked, with approximately 7 million USD in assets stolen.