Zilliqa has taken swift action following a recent attack by issuing a security update on XBridge, as reported by Odaily. The platform confirmed that zETH sold on ZilSwap is linked to a portion of the breach. In light of this, users are strongly urged to refrain from trading any zETH on ZilSwap and to promptly withdraw any liquidity from the zETH pool. The investigation into the incident is ongoing, with continuous updates promised as new details emerge.
Zilliqa’s Response to the Attack
Zilliqa’s proactive approach to addressing the security breach underscores its commitment to safeguarding user funds and maintaining the integrity of its platform. By swiftly releasing a security update, the team aims to mitigate risks and protect the community from further potential harm.
What Users Should Do Now
In response to this security incident, users are strongly advised to take immediate action to secure their assets. It is crucial for individuals holding zETH on ZilSwap to cease trading activities involving this token and to withdraw any assets from the affected pool without delay. By following these precautions, users can help minimize their exposure to the risks associated with the recent attack.
Stay Informed
As the investigation progresses and more information comes to light, it is essential for users to stay informed about the situation. Zilliqa has committed to providing regular updates to ensure transparency and keep the community well-informed. Remaining vigilant and following official communications from the platform can help users navigate this challenging time with greater confidence.
Share Your Thoughts
What are your thoughts on Zilliqa’s response to the security incident? Do you believe the platform’s actions are sufficient to address the situation? Share your opinions and insights below!
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