A hacked social login just froze everyone's exit on MANTRA.
Attackers drained liquid $OM, then started unstaking people's staked tokens. MANTRA's brake: no new unbonding for 7 days (MANTRA, Nov 13). Bitquery counts at least $1.82M lost across 7,842 wallets.
Honest stakers now pay for a flaw in someone else's login service. Should a chain be able to hit pause like this? #Security
Disclosure: I can earn Binance Write to Earn rewards from this post.
Attackers drained liquid $OM, then started unstaking people's staked tokens. MANTRA's brake: no new unbonding for 7 days (MANTRA, Nov 13). Bitquery counts at least $1.82M lost across 7,842 wallets.
Honest stakers now pay for a flaw in someone else's login service. Should a chain be able to hit pause like this? #Security
Disclosure: I can earn Binance Write to Earn rewards from this post.