Techub News: Saga discovered and responded to a security incident affecting the SagaEVM chain on January 21. The incident involved coordinated deployment of contract sequences, cross-chain operations, and subsequent liquidity extraction. After careful consideration, SagaEVM has been paused at block height 6,593,800, with approximately $7 million worth of USDC, yUSD, ETH, and tBTC transferred to the Ethereum mainnet. Saga stated that it is working with exchanges and cross-chain bridge platforms to blacklist the relevant attack addresses and recover assets, while also fixing and strengthening the affected cross-chain and deployment components. This incident did not involve consensus mechanism failure, validator compromise, or private key leaks.
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Techub News: Saga discovered and responded to a security incident affecting the SagaEVM chain on January 21. The incident involved coordinated deployment of contract sequences, cross-chain operations, and subsequent liquidity extraction. After careful consideration, SagaEVM has been paused at block height 6,593,800, with approximately $7 million worth of USDC, yUSD, ETH, and tBTC transferred to the Ethereum mainnet. Saga stated that it is working with exchanges and cross-chain bridge platforms to blacklist the relevant attack addresses and recover assets, while also fixing and strengthening the affected cross-chain and deployment components. This incident did not involve consensus mechanism failure, validator compromise, or private key leaks.