SVM public chain Fogo temporarily halted its mainnet in the past hour after detecting unauthorized activity. The precautionary shutdown aims to prevent further transfers of affected assets. During the halt, the network will be upgraded to restrict addresses linked to the incident. Fogo plans to share further updates once more information is confirmed and urges users to rely only on official channels.
ChainCatcher reports that Fogo, an SVM public chain, said in an official post that its mainnet had been temporarily halted in the past hour as a precaution after detecting unauthorized activity. The shutdown is intended to prevent further transfers of affected assets.
During the halt, the network will be upgraded to restrict addresses associated with the incident. Fogo said further updates will be shared once more information is confirmed, and asked users to rely only on its official channel for updates.
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