Ontology halts block production after report of potential security risk in ecosystem project

Ontology said it received an urgent report alleging that a project built on the Ontology blockchain may carry a potential security risk that could threaten assets on the network. As a precaution, the team said it coordinated with a majority of consensus nodes, which agreed to temporarily stop block production while an investigation is carried out. Ontology said the move is intended to support the investigation and reduce possible risk during the review process. The investigation is still ongoing, according to the statement. The project team added that it will keep working with relevant parties and continue to monitor the situation closely. Block production will resume only after the investigation has made sufficient progress and the network is confirmed to be safe.