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🚨 SAGA EVM CHAIN HALTED AFTER MAJOR EXPLOIT! 🚨
$SAGA Layer 1 protocol confirms a massive security breach on the SagaEVM chain resulting in nearly 7M $BTC stolen. The hacker successfully drained 7M USDC, bridged it off SagaEVM, and swapped to $ETH.
The team moved instantly, pausing the chain at block 6,593,800 upon detecting anomalous activity. Investigation is underway with partners to resolve this exploit.
Crucially, $SAGA confirms the mainnet SSC, consensus layer, and validator systems remain unaffected by this breach. Stay alert.
#Saga #CryptoSecurity #EVMExploit #BlockchainNews 🛑
$SAGA Layer 1 protocol confirms a massive security breach on the SagaEVM chain resulting in nearly 7M $BTC stolen. The hacker successfully drained 7M USDC, bridged it off SagaEVM, and swapped to $ETH.
The team moved instantly, pausing the chain at block 6,593,800 upon detecting anomalous activity. Investigation is underway with partners to resolve this exploit.
Crucially, $SAGA confirms the mainnet SSC, consensus layer, and validator systems remain unaffected by this breach. Stay alert.
#Saga #CryptoSecurity #EVMExploit #BlockchainNews 🛑
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