MANTRA Freezes Blockchain After Cosmos EVM Incident as Token Hits New Low

MANTRA has halted its blockchain after an incident affecting its Cosmos EVM module, sending its native token to a new all-time low on August 21.

The team says two wallet addresses were affected, no user funds were exploited, and a patched release is being tested before a possible network restart later today.

MANTRA Freezes Chain as It Tests a Fix

MANTRA initially said it had halted the chain as a precaution while investigating an incident, with all endpoints and transactions frozen. Deposits and withdrawals to and from MANTRA Chain were also temporarily affected.

A status update later said the network remained halted while developers prepared and tested a remediation. Transactions, transfers and staking operations were unavailable, although MANTRA said user funds were unaffected by the halt itself.

The team has since identified the root cause, saying the incident was isolated to the Cosmos EVM module and affected two wallet addresses before the threat was contained.

“No user funds were exploited,” the team repeated.

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