MANTRA pauses unstaking for 7 days
On November 13, MANTRA announced a 7-day pause on new unstaking transactions. A problem with the private keys for Web3Auth and Keplr wallets allowed an attacker to use leaked keys to transfer liquid tokens and initiate unstaking on behalf of accounts.
Accounts already in the 8-day unbonding period are unaffected, but they must be redelegated before the period ends, or the hacker will be able to claim the tokens. MANTRA has also frozen several attacker addresses.
The issue affected Keplr wallets logged into with Google or Apple accounts. Accounts created with a recovery phrase or hardware wallet were unaffected. The vulnerability was discovered on November 7, and Web3Auth transferred about $5.6 million in assets to a recovery address.
At noon today, OM was trading at $0.0669, down 5.11% over 24 hours.
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