Crypto
MANTRA Chain Halted Amid Security Incident, Price Drops 10.84%
The MANTRA Chain network has been halted due to an underlying vulnerability that caused a security incident. The team stopped block production and froze transfers, staking, public endpoints, bridge migration operations, and managed IBC relays.
The halt resulted in the MANTRA price falling by 10.84% to $0.00445 over 24 hours. Exchange trading could continue while network deposits and withdrawals remained suspended.
The team described the shutdown as a precaution, warning users to avoid transactions and advising against unsolicited recovery services. An underlying vulnerability caused the security incident, but technical details were not published.