MANTRA Token Plunges to All-Time Low During Chain Outage
MANTRA said it froze transactions and endpoints while tracing funds and preparing a patch, and trading volume jumped nearly 600% to $24 million.
- On Friday, MANTRA Chain halted operations as a precautionary measure following a software exploit, occurring shortly after the native token plummeted 18.5% to a record low on Thursday.
- An attacker exploited a vulnerability in an "upstream dependency," software used by the network but developed externally. MANTRA identified the specific vulnerability and is preparing a patched release.
- The network stopped producing blocks at 11:13 p.m. UTC on Thursday, freezing all endpoints and transactions. Affected exchanges paused deposits and withdrawals as the project traces fund movements and assesses damage.
- Following the record low, the token recovered to about $0.0044 as trading volume jumped nearly 600% to $24 million. CoinGecko data shows the asset remained down roughly 10% over 24 hours.
- Restarting the blockchain requires coordination with validators who remain offline during testing. This follows a challenging 2025 for MANTRA, which saw its former token collapse more than 90% and recently announced acquisition plans by Inveniam Capital Partners.
26 Articles
26 Articles
MANTRA Freezes Its Whole Chain; OM Sinks 18.5% in a Day
MANTRA Chain halted all network operations on 20 August as a precautionary measure following an undisclosed incident, freezing every public endpoint, validator, and on-chain transaction, Cryptopolitan reported. The MANTRA token fell 18.5% from its 24-hour high to a record low of $0.004126 around 11:00 p.m. UTC, minutes before block production stopped, according to CoinGecko data. No Cause Disclosed, No Timeline Given MANTRA's status page stated…
MANTRA Halts Chain, Blames Cosmos EVM Module
MANTRA halted its Layer 1 blockchain late Thursday after what the team called an incident in the chain's Cosmos EVM module, and said on Friday morning it had found the root cause and contained the threat. The network is still down. MANTRA disclosed the halt at 8:10 p.m. ET on Aug. 20, saying all... Read the full story at The Defiant
MANTRA Halts Network Transactions Following Unspecified Incident
MANTRA Chain has halted network operations while its engineering and security teams investigate an unspecified incident affecting the blockchain. The shutdown has stopped transactions and asset transfers, with validators, public nodes, bridge migration processes, and Inter-Blockchain Communication relays among the affected components. Deposits and withdrawals through affected exchanges have also been paused. MANTRA has not identified the cause, …
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
