Overview
- MANTRA suspended all validators, public endpoints, bridges and transactions, freezing on‑chain activity so users cannot move assets.
- MANTRA confirmed late Thursday that block 17,449,398, produced at 11:13 pm UTC, is the network’s last block and no new blocks have been produced since.
- Exchanges including Upbit paused deposits and withdrawals for the native token while centralized trading continues off‑chain and users were warned to avoid unverified recovery offers.
- The project said engineering and external security teams are investigating and will not restart until a verified fix is in place, and reporting has mentioned an alleged exploit of an upstream dependency that is not independently confirmed.
- The native token plunged to a record low near $0.00413 and trading volume spiked to roughly $24 million, and the halt raises questions for institutional partners and the pending Inveniam acquisition about disclosure, audits and remediation steps.