The cross-chain bridge for $SOON has run into trouble. The SOON Foundation said that at around 7 p.m. Beijing time last night, abnormal withdrawals occurred on the bridge between svmBNB and the SOON mainnet, and they have shut it down.
SOON is a scaling network that brings Solana’s virtual machine to run on other chains. svmBNB is their version deployed on BNB Chain, and the cross-chain bridge lets assets move between the two.
The foundation said it shut down the bridge immediately after detecting the abnormal activity. The bridge is now under control, and they are conducting an in-depth investigation.
The bridge will remain paused during the investigation. They said they will share more details later.
SOON is a scaling network that brings Solana’s virtual machine to run on other chains. svmBNB is their version deployed on BNB Chain, and the cross-chain bridge lets assets move between the two.
The foundation said it shut down the bridge immediately after detecting the abnormal activity. The bridge is now under control, and they are conducting an in-depth investigation.
The bridge will remain paused during the investigation. They said they will share more details later.