Crypto
Sweat Foundation Discontinues Current Services on December 30th
The Sweat Foundation Ltd., the issuer of the SWEAT token, has announced that it will discontinue its current services, including the Sweat Wallet and new issuances of SWEAT, on December 30th.
This decision comes after a security incident in April, where an estimated $3.5 million was stolen due to a vulnerability in the smart contract for SWEAT on the Near Protocol.
The team behind Sweat Economy has stated that they will continue to support the SWEAT token and its users, but have emphasized that the current services will cease to exist after December 30th.