Chainge CEO: User funds are safe and assets have been transferred to a safe address
Chainge CEO DJ Qian stated that user funds are secure and protocol assets are being transferred to Chainge's own address and will be returned for security reasons after the upgrade of their cross-chain infrastructure based on smart contracts.
Earlier reports indicated that according to PeckShield monitoring, there may be vulnerabilities in the Chainge cross-chain liquidity protocol code that could result in unauthorized fund transfers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why is Solana (SOL) price up today?
Wintermute Secures Approval to Share Ethena’s Revenue with ENA Stakers