MANTRA Freezes Blockchain After Cosmos EVM Incident as Token Hits New Low
🛑 MANTRA has temporarily halted its blockchain due to an incident involving its Cosmos EVM module, resulting in its native token hitting a new all-time low of $0.0041.
🔧 The team confirmed that no user funds were exploited, and they are testing a patched release to address the issue before a potential network restart.
📉 The token, which underwent a redenomination earlier this year, has seen a significant decline, trading about 82% below its March all-time high, with a full post-mortem analysis promised after the situation stabilizes.
🛑 MANTRA has temporarily halted its blockchain due to an incident involving its Cosmos EVM module, resulting in its native token hitting a new all-time low of $0.0041.
🔧 The team confirmed that no user funds were exploited, and they are testing a patched release to address the issue before a potential network restart.
📉 The token, which underwent a redenomination earlier this year, has seen a significant decline, trading about 82% below its March all-time high, with a full post-mortem analysis promised after the situation stabilizes.