TON BRIDGE UNDER ATTACK, $TON HIT WITH $2.8M HACK ๐Ÿšจ

The crossโ€‘chain bridge on $TON was exploited, siphoning roughly $2.8 million in USDT, BLUM and tsTON. Mainnet and the ERCโ€‘20 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. Lawโ€‘enforcement and security partners are in hot pursuit. Bridge freeze creates a shortโ€‘term liquidity squeezeโ€”expect rapid price action. Foundationโ€™s token sellโ€‘off 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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ETH
ETHUSDT
2,298.33
+1.75%
TON
TONUSDT
2.1436
+1.97%