MANTRA Chain Halts Operations Amid Unexplained Incident

MANTRA Chain, a Layer 1 blockchain network focused on tokenizing real-world assets (RWA), has temporarily suspended its operations due to an unexplained incident. The team stated that all network transactions have been halted as a precautionary measure to limit potential risks and investigate the source of the issue.

The suspension affects deposit and withdrawal transactions to and from the MANTRA platform, with users advised to refrain from making new transactions until further notice.

Engineering and security teams are working with external partners to determine the cause of the incident and resolve the issue. The project has also reached out to exchanges and ecosystem partners, requesting that trading in the native token MANTRA be suspended until the problem is resolved.