TON BRIDGE UNDER ATTACK, $TON HIT WITH $2.8M HACK đ¨
The crossâchain bridge on $TON was exploited, siphoning roughly $2.8 million in USDT, BLUM and tsTON. Mainnet and the ERCâ20 bridge from $ETH stay intact, but the bridge service is paused for investigation. TAC announced it will liquidate its reserve tokens to fully compensate users.
Hackers struck hard, draining millions. Lawâenforcement and security partners are in hot pursuit. Bridge freeze creates a shortâterm liquidity squeezeâexpect rapid price action. Foundationâs token sellâoff injects cash, could fuel a rebound once payouts land. Eyes on the order books, volume spikes imminent.
Not financial advice. Manage your risk.
#Crypto #DeFi #Security #Bridge #TON
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