MultiversX plans coordinated hard fork after attack, says attacker accounts frozen

MultiversX said the root cause of its earlier attack was an operation ordering error that appeared under an edge-case condition. The distributed blockchain network said validators responded quickly and the situation is now contained. It also said the attacker accounts have been identified and frozen at major exchanges, while law enforcement has become involved. As a recovery path, MultiversX is proposing a coordinated hard fork from a known-good checkpoint. The team said it will first rehearse the process with validators on testnet and devnet, and that the relevant code has already been released publicly while testing continues. The project warned users not to submit or rebroadcast transactions before it officially announces that recovery is complete. It also advised against depositing or withdrawing EGLD and ESDT through exchanges or cross-chain bridges during this period. According to the statement, exchanges and cross-chain bridges will reopen in stages after the network restarts.