Toncoin (TON)

Wu said he learned that the TON ecosystem asset bridge project TAC disclosed that the security incident on May 11 originated from the sequencer software lacking sender wallet code hash verification, causing the attacker to deploy a forged Jetton wallet on TON and successfully inject counterfeit tokens, resulting in losses of about $2.86 million in USDT, BLUM, and tsTON. The project team stated that after public calls and subsequent recovery actions, about 90% of the assets were returned to the TAC-controlled multi-signature wallet on May 14, while the remaining approximately 10% are still held by the responsible parties. TAC indicated that the cross-chain bridge remains paused; it will resume cross-chain operations only after the repaired sequencer software passes an independent audit and the asset shortfall is covered by the recovered assets and TAC Foundation reserves. https://t.co/OD7KBih8g0

$TON #TONUSDT | 3D https://t.co/RUI5Z8qDux

Will it be $TON & $SOL that run next cycle? https://t.co/89DDDgRBph