Payy Halts Network After $1.83M Ethereum Bridge Exploit Hits Platform

Payy Halts Network After $1.83M Ethereum Bridge Exploit Hits Platform

Payy Network halted transactions after an attacker drained about $1.83 million from its Ethereum bridge on September 24. The network suspended deposits, withdrawals, transfers and card transactions while investigating the breach. Payy is working to determine how the attacker gained access to the bridge contract and said it has followed its incident-response procedures. The company […] Read The Full Article Payy Halts Network After $1.83M Ethereu…

Payy Network halts operations after $1.92M USDC exploit drains Ethereum rollup

The Payy Network exploit highlights the ongoing vulnerabilities in DeFi infrastructure, raising concerns about security and user trust in digital finance.

Payy Network Halts All Transactions After Ethereum Bridge Attack

The bridge contract’s entire balance was transferred out. Deposits, withdrawals, transfers and card transactions remain suspended during the investigation.