Pirate Chain said its network was hit by an attack that resulted in the malicious minting of 39.8 million ARRR tokens. The network is still running, according to the project, but developers have advised users not to move funds while recovery work is underway. The update was reported by Techub News, citing The Defiant. This incident centers on an unexpected token increase tied directly to the attack, with the team now focused on restoring the network. No other operational details were disclosed in the source item beyond the warning to users and confirmation that recovery efforts are in progress.
Pirate Chain said its network was attacked, leading to the malicious minting of 39.8 million ARRR tokens, according to Techub News citing The Defiant.
The network remains operational, the project said. Even so, developers have advised users not to move funds while recovery work is in progress.
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.