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Binary Options

Injective
2026-09-01 14:10:57

Injective Denies Attack, Says Accelerated Upgrade Caused Validator Jailings

Injective has issued a statement clarifying that its network was not attacked, attributing recent disruptions to an accelerated upgrade. On September 1, the project said that a speed-increased network upgrade coordinated by community contributors took longer than expected for all validators and ecosystem infrastructure to complete. Consequently, some validators were temporarily jailed for missing the upgrade window, causing a brief drop in displayed staking figures and temporary suspensions of INJ deposits and withdrawals on certain exchanges. Injective stressed that the blockchain and INJ remain secure, with no compromise to the underlying protocol or consensus mechanism, and no loss or risk to user and staking funds. The network continued processing transactions without any outage. The accelerated upgrade was triggered by attacks on a small number of binary options market applications within the ecosystem, which affected only those applications and did not exploit Injective's blockchain, protocol, native assets or consensus mechanism. The attack path has been contained and fixed. The team is now deploying enhanced security mechanisms, real-time monitoring, and additional protective measures to detect abnormal activity earlier and reduce the likelihood of similar incidents.

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Injective Denies Attack, Says Accelerated Upgrade Caused Validator Jailings
Injective
2026-09-01 05:28:09

Injective Mainnet Stalls Nearly 4 Hours; Attacker Nets ~$4.88M

According to on-chain researcher Rarma, Injective's mainnet stopped producing blocks for roughly 3 hours and 42 minutes on August 31. Upon resumption, the block height moved from 181,027,006 to 181,027,007, and no rollback occurred. QuickNode's status records showed a network-wide stall and the deployment of an emergency patch. An attacker allegedly abused Injective's insurance fund and permissionless binary options market creation mechanism 299 times, sending about 1,979.8 ETH (around $4.88 million) to a single address.

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Injective Mainnet Stalls Nearly 4 Hours; Attacker Nets ~$4.88M
Injective
2026-09-01 00:54:00

Injective reportedly halted for about four hours after binary options flaw, with roughly $4.9 million drained

Injective was reportedly paused for about four hours on Sept. 1 after a binary options exploit led to the loss of about $4.9 million, according to PANews, citing X user Paddy-earthling. The account said the attacker abused Frontrunner, a deprecated oracle that remained registered even though its data source had long been cleared. By creating 299 markets tied to that oracle, the attacker allegedly forced a "no price refund" condition and then exploited that refund logic to receive roughly 2x payouts. The stolen USDC was then swapped into about 1,980 ETH, valued at around $4.9 million in the report, and the funds are now sitting in an Ethereum wallet that has never sent any transaction. Paddy-earthling also said Injective’s official X account continued posting marketing content after the incident without mentioning the chain halt. The post added that Injective made its core chain code private, while the attacker was still able to identify the issue through the public SDK. According to the same disclosure, the protocol-level shortfall has already been covered, but the remediation process involved no governance vote and no public explanation, leaving the fix unverifiable from the outside. The author also disclosed holding a long INJ position.

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Injective reportedly halted for about four hours after binary options flaw, with roughly $4.9 million drained