🚹 Payy Network Confirms Ethereum Cross-Chain Contract Exploit, Draining All Balances

Privacy-focused stablecoin payment network Payy Network has confirmed a cross-chain smart-contract exploit on Ethereum that resulted in the loss of all funds held in the affected contracts.

The team says it is investigating the incident and has suspended all Payy Network transactions while it reviews the attack path and works to contain further risk. Users should rely only on Payy Network’s verified updates and remain cautious of phishing links or unofficial recovery claims.

Ethereum is currently trading near $2,688.63, up about 0.13% over the last 24 hours. Its session high is $2,699.50 and low is $2,677.16.
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