Post #11513

Saga pauses SagaEVM after hackers exploit chain for $7M Saga announces the exploit resulted in the unauthorized withdrawal of roughly $7M in USDC, which was subsequently bridged out of SagaEVM and converted to ETH. "We're working with partners on remediation and will publish a post-mortem once findings are fully validated," Saga said. The exploit involved a coordinated sequence of contract deployments, liquidity movements and cross-chain interactions that allowed the attacker to extract funds rapidly. $SAGA: $58M FDV (-5% in 24h) 🔗theblock.co/post/386638/sagaevm-suffers-exploit Follow us to be on top of crypto: TG | Chat | X