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🚨 SAGA EVM CHAIN HALTED AFTER MAJOR EXPLOIT! 🚨
Layer 1 protocol $SAGA confirms a massive security breach on the SagaEVM chain. Nearly $7M in $USDC was exploited and bridged out to $ETH
The team moved instantly, pausing the chain at block 6,593,800 upon detecting abnormal activity. This is a serious security event we must monitor closely.
Crucially, the main SSC network, consensus layer, and validator systems remain unaffected by this specific incident. They are actively tracing the attacker's wallet addresses now.
#CryptoSecurity #SagaEVM #Exploit #Layer1 🛑
Layer 1 protocol $SAGA confirms a massive security breach on the SagaEVM chain. Nearly $7M in $USDC was exploited and bridged out to $ETH
The team moved instantly, pausing the chain at block 6,593,800 upon detecting abnormal activity. This is a serious security event we must monitor closely.
Crucially, the main SSC network, consensus layer, and validator systems remain unaffected by this specific incident. They are actively tracing the attacker's wallet addresses now.
#CryptoSecurity #SagaEVM #Exploit #Layer1 🛑
🚨 SAGA EVM CHAIN HALTED AFTER MAJOR EXPLOIT! 🚨
Layer 1 protocol $SAGA confirms a massive security breach on SagaEVM chain. Nearly 7M $BTC was compromised in the attack.
Hacker drained approximately 7M $USDC, bridged it off SagaEVM, and converted the funds to $ETH. The chain was immediately paused.
Project confirms SSC mainnet, consensus layer, and validator systems remain SAFE. Investigation is ongoing with partners to blacklist the attacker's address.
#CryptoSecurity #SagaEVM #Exploit #Layer1 🛑
Layer 1 protocol $SAGA confirms a massive security breach on SagaEVM chain. Nearly 7M $BTC was compromised in the attack.
Hacker drained approximately 7M $USDC, bridged it off SagaEVM, and converted the funds to $ETH. The chain was immediately paused.
Project confirms SSC mainnet, consensus layer, and validator systems remain SAFE. Investigation is ongoing with partners to blacklist the attacker's address.
#CryptoSecurity #SagaEVM #Exploit #Layer1 🛑
SAGA EVM CHAIN HALTED AFTER MAJOR EXPLOIT!
🚨 Layer 1 protocol $SAGA confirms a massive security breach on SagaEVM. Hackers drained nearly 7M $USDC, bridging funds directly to $ETH. This is critical exposure.
The chain was immediately paused at block 6,593,800 following abnormal activity detection. The team is investigating and coordinating with exchanges to blacklist the attacker's wallet.
Crucially, the core SSC mainnet, consensus layer, and validator systems remain unaffected by this exploit. Monitor closely for recovery updates.
#CryptoHack #SagaEVM #SecurityAlert #Blockchain
⚠️
🚨 Layer 1 protocol $SAGA confirms a massive security breach on SagaEVM. Hackers drained nearly 7M $USDC, bridging funds directly to $ETH. This is critical exposure.
The chain was immediately paused at block 6,593,800 following abnormal activity detection. The team is investigating and coordinating with exchanges to blacklist the attacker's wallet.
Crucially, the core SSC mainnet, consensus layer, and validator systems remain unaffected by this exploit. Monitor closely for recovery updates.
#CryptoHack #SagaEVM #SecurityAlert #Blockchain
⚠️
🚨 Urgent: SagaEVM has suffered a $7 million attack, the network has been shut down!
The Saga protocol has encountered a serious security incident. The official team confirmed that the operation of the SagaEVM chain has been officially suspended at block height 6,593,800.
Current known key information:
🔹 Loss amount: The attacker successfully extracted about $7 million (mainly in USDC), and the funds have been transferred out through the cross-chain bridge and exchanged for ETH.
🔹 Stablecoin de-pegging: The native stablecoin Saga Dollar has experienced severe de-pegging, dropping to around $0.75 at one point. Other assets within the ecosystem (Colt and Mustang) have also been affected.
🔹 TVL plummets: The total locked value (TVL) of the protocol has plunged by over 50% within 24 hours, currently down to about $16 million.
Technical details:
This attack involved complex smart contract deployment and cross-chain liquidity manipulation. It is worth noting that Saga's core infrastructure (Saga SSC mainnet and other Chainlets) has not been$ affected, and the consensus mechanism is operating normally.
The team is currently working with major exchanges and cross-chain bridges to blacklist the hacker's address.
⚠️ Security notice: Users are advised to remain vigilant and not attempt any transactions on SagaEVM until the network is fully restored. Please closely follow official subsequent announcements.
#Saga #安全漏洞 #DeFi #SagaEVM #加密安全 $SAGA
The Saga protocol has encountered a serious security incident. The official team confirmed that the operation of the SagaEVM chain has been officially suspended at block height 6,593,800.
Current known key information:
🔹 Loss amount: The attacker successfully extracted about $7 million (mainly in USDC), and the funds have been transferred out through the cross-chain bridge and exchanged for ETH.
🔹 Stablecoin de-pegging: The native stablecoin Saga Dollar has experienced severe de-pegging, dropping to around $0.75 at one point. Other assets within the ecosystem (Colt and Mustang) have also been affected.
🔹 TVL plummets: The total locked value (TVL) of the protocol has plunged by over 50% within 24 hours, currently down to about $16 million.
Technical details:
This attack involved complex smart contract deployment and cross-chain liquidity manipulation. It is worth noting that Saga's core infrastructure (Saga SSC mainnet and other Chainlets) has not been$ affected, and the consensus mechanism is operating normally.
The team is currently working with major exchanges and cross-chain bridges to blacklist the hacker's address.
⚠️ Security notice: Users are advised to remain vigilant and not attempt any transactions on SagaEVM until the network is fully restored. Please closely follow official subsequent announcements.
#Saga #安全漏洞 #DeFi #SagaEVM #加密安全 $SAGA
COINRANK MORNING UPDATE
US officially withdraws from the #WHO .
The US Senate Banking Committee prioritizes housing issues; crypto legislation is expected to be delayed until February or March.
GSR and Selini Capital join #Fogo investors.
#SagaEVM suffers a security incident; approximately $7 million in on-chain assets are stolen and transferred to Ethereum.
#Prediction market Space's public offering sparks controversy; the team retains tens of millions of dollars in oversubscribed funds, citing a "soft cap."
#CoinRank
The US Senate Banking Committee prioritizes housing issues; crypto legislation is expected to be delayed until February or March.
GSR and Selini Capital join #Fogo investors.
#SagaEVM suffers a security incident; approximately $7 million in on-chain assets are stolen and transferred to Ethereum.
#Prediction market Space's public offering sparks controversy; the team retains tens of millions of dollars in oversubscribed funds, citing a "soft cap."
#CoinRank
🚨 SagaEVM Hacked: $7 Million Vulnerability Details Disclosed
The Saga ecosystem has encountered a significant security incident. The official confirmation states that after an asset theft incident of approximately $7 million occurred on January 21, the SagaEVM blockchain has been suspended.
Incident Review:
This attack stemmed from a smart contract vulnerability related to cross-chain operations with SagaEVM. The hacker deployed a series of contracts that leveraged auxiliary contracts to bypass security checks, allowing for unlimited issuance of the stablecoin Saga Dollar (D) without actual collateral.
Key Data:
Lost Assets: Including USDC, ETH, yUSD, and tBTC. Network Status: SSC mainnet is unaffected, and validator nodes and signing keys have not been compromised. Fund Flow: Most stablecoins have been exchanged for over 2000 ETH and transferred to the Ethereum mainnet, with the remaining portion sold through Uniswap V4. Hacker Address: 0x2044697623afa31459642708c83f04ecef8c6ecb.
Currently, the Saga team is collaborating with security experts for an in-depth investigation. Users are advised to temporarily cease interaction with SagaEVM and pay attention to the official follow-up remediation plan.
#Saga #安全警报 #加密货币黑客 #SagaEVM #区块链新闻
The Saga ecosystem has encountered a significant security incident. The official confirmation states that after an asset theft incident of approximately $7 million occurred on January 21, the SagaEVM blockchain has been suspended.
Incident Review:
This attack stemmed from a smart contract vulnerability related to cross-chain operations with SagaEVM. The hacker deployed a series of contracts that leveraged auxiliary contracts to bypass security checks, allowing for unlimited issuance of the stablecoin Saga Dollar (D) without actual collateral.
Key Data:
Lost Assets: Including USDC, ETH, yUSD, and tBTC. Network Status: SSC mainnet is unaffected, and validator nodes and signing keys have not been compromised. Fund Flow: Most stablecoins have been exchanged for over 2000 ETH and transferred to the Ethereum mainnet, with the remaining portion sold through Uniswap V4. Hacker Address: 0x2044697623afa31459642708c83f04ecef8c6ecb.
Currently, the Saga team is collaborating with security experts for an in-depth investigation. Users are advised to temporarily cease interaction with SagaEVM and pay attention to the official follow-up remediation plan.
#Saga #安全警报 #加密货币黑客 #SagaEVM #区块链新闻
🚨 Urgent: SagaEVM has suffered a $7 million attack, the network has been shut down!
The Saga protocol has encountered a serious security incident. The official team confirmed that the operation of the SagaEVM chain has been officially suspended at block height 6,593,800.
Current known key information:
🔹 Loss amount: The attacker successfully extracted about $7 million (mainly in USDC), and the funds have been transferred out through the cross-chain bridge and exchanged for ETH.
🔹 Stablecoin de-pegging: The native stablecoin Saga Dollar has experienced severe de-pegging, dropping to around $0.75 at one point. Other assets within the ecosystem (Colt and Mustang) have also been affected.
🔹 TVL plummets: The total locked value (TVL) of the protocol has plunged by over 50% within 24 hours, currently down to about $16 million.
Technical details:
This attack involved complex smart contract deployment and cross-chain liquidity manipulation. It is worth noting that Saga's core infrastructure (Saga SSC mainnet and other Chainlets) has not been affected, and the consensus mechanism is operating normally.
The team is currently working with major exchanges and cross-chain bridges to blacklist the hacker's address.
⚠️ Security notice: Users are advised to remain vigilant and not attempt any transactions on SagaEVM until the network is fully restored. Please closely follow official subsequent announcements.
#Saga #安全漏洞 #DeFi #SagaEVM #加密安全
The Saga protocol has encountered a serious security incident. The official team confirmed that the operation of the SagaEVM chain has been officially suspended at block height 6,593,800.
Current known key information:
🔹 Loss amount: The attacker successfully extracted about $7 million (mainly in USDC), and the funds have been transferred out through the cross-chain bridge and exchanged for ETH.
🔹 Stablecoin de-pegging: The native stablecoin Saga Dollar has experienced severe de-pegging, dropping to around $0.75 at one point. Other assets within the ecosystem (Colt and Mustang) have also been affected.
🔹 TVL plummets: The total locked value (TVL) of the protocol has plunged by over 50% within 24 hours, currently down to about $16 million.
Technical details:
This attack involved complex smart contract deployment and cross-chain liquidity manipulation. It is worth noting that Saga's core infrastructure (Saga SSC mainnet and other Chainlets) has not been affected, and the consensus mechanism is operating normally.
The team is currently working with major exchanges and cross-chain bridges to blacklist the hacker's address.
⚠️ Security notice: Users are advised to remain vigilant and not attempt any transactions on SagaEVM until the network is fully restored. Please closely follow official subsequent announcements.
#Saga #安全漏洞 #DeFi #SagaEVM #加密安全
Khadija akter shapla:
informative
SagaEVM Just Hit $10M TVL! 🤯
This is just the START for $SAGA's EVM. SagaEVM, the engine behind Saga Protocol's Chainlets, has smashed through $1000X million in Total Value Locked. This isn't just a number; it's proof that developers are flocking to build custom, EVM-compatible blockchains for their dApps. The Saga team's "just getting started" vibe is real. Expect more big projects to leverage these Chainlets, fueling massive growth. The upward trend in TVL is undeniable.
This is not financial advice.
#Saga #SagaEVM #Crypto #DeFi #Blockchain 🚀
This is just the START for $SAGA's EVM. SagaEVM, the engine behind Saga Protocol's Chainlets, has smashed through $1000X million in Total Value Locked. This isn't just a number; it's proof that developers are flocking to build custom, EVM-compatible blockchains for their dApps. The Saga team's "just getting started" vibe is real. Expect more big projects to leverage these Chainlets, fueling massive growth. The upward trend in TVL is undeniable.
This is not financial advice.
#Saga #SagaEVM #Crypto #DeFi #Blockchain 🚀
SAGA EVM CRACKS $10M TVL! IS THIS THE START OF SOMETHING HUGE? 🚀
This is more than just a number. SagaEVM, powered by $SAGA, hitting $1000X million TVL is a serious vote of confidence. It signals strong belief in the security and profit potential for projects building on its platform.
Saga Protocol is all about making it easy for developers to launch their own application-specific blockchains, called Chainlets. SagaEVM is a critical piece, bringing EVM compatibility to these Chainlets. The team's message "Just getting started" hints at even bigger things to come for SagaEVM, with TVL expected to keep climbing as major projects choose its EVM-compatible Chainlets.
#SagaEVM #CryptoGains #DeFi
🔥
This is more than just a number. SagaEVM, powered by $SAGA, hitting $1000X million TVL is a serious vote of confidence. It signals strong belief in the security and profit potential for projects building on its platform.
Saga Protocol is all about making it easy for developers to launch their own application-specific blockchains, called Chainlets. SagaEVM is a critical piece, bringing EVM compatibility to these Chainlets. The team's message "Just getting started" hints at even bigger things to come for SagaEVM, with TVL expected to keep climbing as major projects choose its EVM-compatible Chainlets.
#SagaEVM #CryptoGains #DeFi
🔥
SagaEVM Smashes $10M TVL! The Future is HERE 🚀
SagaEVM, a core part of the $SAGA Protocol, just hit a massive $1000X million Total Value Locked. This isn't just a number; it's a signal of explosive growth and what's to come. Developers are building custom blockchains, called Chainlets, with EVM compatibility, making it easier than ever to launch new projects. The Saga team is just getting started, and we're seeing a clear upward trend. Expect more big projects to jump on board, fueling even more expansion for SagaEVM. This is a pivotal moment for the ecosystem.
This is not financial advice.
#Saga #SagaEVM #Crypto #DeFi #Blockchain ✨
SagaEVM, a core part of the $SAGA Protocol, just hit a massive $1000X million Total Value Locked. This isn't just a number; it's a signal of explosive growth and what's to come. Developers are building custom blockchains, called Chainlets, with EVM compatibility, making it easier than ever to launch new projects. The Saga team is just getting started, and we're seeing a clear upward trend. Expect more big projects to jump on board, fueling even more expansion for SagaEVM. This is a pivotal moment for the ecosystem.
This is not financial advice.
#Saga #SagaEVM #Crypto #DeFi #Blockchain ✨
SAGA EVM EXPLODES PAST $1000X MILLION TVL!
Entry: 0.000000000000000000 🟩
Target 1: 0.000000000000000000 🎯
Stop Loss: 0.000000000000000000 🛑
This is NOT a drill. $SAGA just hit a massive milestone. $1000X million TVL is just the start. The rocket is fueling up. More big projects are deploying. The future is NOW. Don't get left behind. This is your chance.
Disclaimer: Not financial advice.
#SagaEVM #Saga #CryptoGains 🚀
Entry: 0.000000000000000000 🟩
Target 1: 0.000000000000000000 🎯
Stop Loss: 0.000000000000000000 🛑
This is NOT a drill. $SAGA just hit a massive milestone. $1000X million TVL is just the start. The rocket is fueling up. More big projects are deploying. The future is NOW. Don't get left behind. This is your chance.
Disclaimer: Not financial advice.
#SagaEVM #Saga #CryptoGains 🚀
SAGA EVM HITS $1000X MILLION TVL 🚀
This is HUGE for Saga Protocol $SAGA! Reaching $1000X million in Total Value Locked isn't just a number; it's a massive vote of confidence. It shows developers believe in the security and profit potential of building on SagaEVM.
Saga Protocol is all about making it easy for developers to launch their own application-specific blockchains, called Chainlets. SagaEVM is a key part of this, offering a powerful EVM-compatible environment.
The team's message, "Just getting started," tells us this is only the beginning. Expect $SAGA's TVL to keep climbing as more big projects choose their EVM-compatible Chainlets.
#Saga #SagaEVM #CryptoGains 📈
This is HUGE for Saga Protocol $SAGA! Reaching $1000X million in Total Value Locked isn't just a number; it's a massive vote of confidence. It shows developers believe in the security and profit potential of building on SagaEVM.
Saga Protocol is all about making it easy for developers to launch their own application-specific blockchains, called Chainlets. SagaEVM is a key part of this, offering a powerful EVM-compatible environment.
The team's message, "Just getting started," tells us this is only the beginning. Expect $SAGA's TVL to keep climbing as more big projects choose their EVM-compatible Chainlets.
#Saga #SagaEVM #CryptoGains 📈
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