Ontology Halted Mainnet After Targeted Attack Requires Urgent Security Upgrade

Ontology Mainnet Halted for Security Upgrade After Targeted Attack

Ontology Network, a Singapore-based blockchain platform, has temporarily halted its mainnet operations to perform a security upgrade following a targeted attack. The move aims to prevent potential losses and maintain the integrity of user data.

The decision comes after Ontology discovered vulnerabilities in its system that could have compromised user assets. To address these issues, the team is implementing an emergency patch to reinforce security measures.