MANTRA Chain Falters After Upstream Software Exploit
MANTRA Chain has halted its mainnet after an attacker exploited a vulnerability in an upstream software dependency, freezing transactions and public endpoints. The network remains offline as developers prepare a patched release to be tested.
The shutdown affects MANTRA Chain validators, public blockchain endpoints, and cross-chain infrastructure, leaving deposits and withdrawals unavailable. Fund tracing is underway, but no asset-loss figure has been published yet.
Validators will remain offline until the patched software passes testing before coordinating a wider mainnet restart. This comes after Binance completed MANTRA’s OM token swap in March, converting balances at a 1:4 ratio and opening new spot markets.
MANTRA's price plummeted from $0.00506 to $0.004126 as the network disruption hit the market, marking an 18% decline at its session low. The token has since recovered but remains down 9.4% over 24 hours.