🚨 $EGLD / MultiversX Update: Restoring the Hard Fork in Progress 🚨 #multiversxplanshardforkrecovery
The MultiversX team is directly addressing a modern network attack through a coordinated restoration of a hard fork stage. If you hold EGLD, here is the verified information from the experimental release about what happened and what you should do now.
Details of what happened:
Cause: A sequencing error in an edge case terminal state led to the exploitation of the vulnerability, but the validators quickly managed to regain control.
Justice served: The attacker was identified, their accounts were frozen across major trading platforms, and law enforcement agencies were involved.
Solution: A coordinated hard fork will be launched from a known, secure checkpoint to restore the network safely.
Your funds: Standard wallet balances remain completely safe during this process.
⚠️ Critical safety steps for users:
Do not send any transactions or re-broadcast them right now. Avoid depositing or withdrawing EGLD or ESDT through trading platforms or cross-chain bridges until an official confirmation states that the restoration process has been completed. The platforms’ and bridges’ withdrawals will be resumed in phases once the restart is successful.
Stay safe, be patient, and let the validators do their job!
👇 Did you like how quickly the ecosystem contained this issue? Share your thoughts below!
Disclaimer: NFA.
Please follow up
$FORM
#MultiversXPlansHardForkRecovery
#MultiversX #CryptoSafety #EGLD
The MultiversX team is directly addressing a modern network attack through a coordinated restoration of a hard fork stage. If you hold EGLD, here is the verified information from the experimental release about what happened and what you should do now.
Details of what happened:
Cause: A sequencing error in an edge case terminal state led to the exploitation of the vulnerability, but the validators quickly managed to regain control.
Justice served: The attacker was identified, their accounts were frozen across major trading platforms, and law enforcement agencies were involved.
Solution: A coordinated hard fork will be launched from a known, secure checkpoint to restore the network safely.
Your funds: Standard wallet balances remain completely safe during this process.
⚠️ Critical safety steps for users:
Do not send any transactions or re-broadcast them right now. Avoid depositing or withdrawing EGLD or ESDT through trading platforms or cross-chain bridges until an official confirmation states that the restoration process has been completed. The platforms’ and bridges’ withdrawals will be resumed in phases once the restart is successful.
Stay safe, be patient, and let the validators do their job!
👇 Did you like how quickly the ecosystem contained this issue? Share your thoughts below!
Disclaimer: NFA.
Please follow up
$FORM
#MultiversXPlansHardForkRecovery
#MultiversX #CryptoSafety #EGLD
