MANTRA Chain Freezes All Transactions as Team Investigates Network Incident

TLDR

• MANTRA Chain halted its blockchain, freezing all endpoints and transactions while teams investigate an unidentified incident.
• MANTRA has not identified the incident’s root cause or provided a timeline for network restoration yet.
• MANTRA’s token fell to about $0.004126 as trading volume surged nearly 600% during the outage.
• Exchanges suspended MANTRA deposits and withdrawals while centralized trading can continue independently of the blockchain network.
• MANTRA said the network will remain halted until its teams are confident operations are safe again.

MANTRA Chain has halted its blockchain and frozen all transactions while investigating an unidentified incident, leaving deposits and withdrawals suspended as its security teams work to determine the cause.

MANTRA Chain Freezes Transactions During Investigation

MANTRA Chain said it stopped the network as a precaution after detecting an incident affecting the Layer 1 blockchain. All endpoints and transactions remain frozen, preventing users from moving assets across the network while the investigation continues.

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