The Midnight Foundation said multiple crypto exchanges, including KuCoin, Kraken, Binance, Bybit, OKX and MEXC, have taken steps to limit the movement of assets tied to the latest security incident. According to the foundation, those steps include temporarily freezing accounts and addresses connected to the case, blacklisting wallets linked to the attacker, and suspending NIGHT deposits and withdrawals where necessary.
Midnight said the breach was caused by a vulnerability in a third-party cross-chain bridge and was not related to the NIGHT token itself. The statement came after an earlier report cited BlockSec Phalcon monitoring that said Wanchain’s Cardano cross-chain bridge had been attacked and that about 515 million NIGHT were stolen. The update focuses on containment measures already taken by exchanges and on Midnight’s position that the token was not the source of the exploit.
The Midnight Foundation said it has been working with multiple exchanges, including KuCoin, Kraken, Binance, Bybit, OKX and MEXC, to restrict the flow of stolen assets tied to the latest security incident.
According to the foundation, the measures include temporarily freezing accounts and addresses connected to the event, blacklisting wallets associated with the attacker, and suspending NIGHT deposits and withdrawals where appropriate.
Midnight said the incident stemmed from a vulnerability in a third-party cross-chain bridge and was not related to the NIGHT token itself.
Foresight News had earlier reported, citing BlockSec Phalcon monitoring, that Wanchain’s Cardano cross-chain bridge was attacked and that about 515 million NIGHT were stolen.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
