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Everscale Reports Unauthorized Access to Tokens

Everscale Reports Unauthorized Access to Tokens

Theft of EVER Tokens Reported by Everscale Project

Representatives of the Everscale project have announced that a significant amount of EVER tokens has been stolen. The team shared this information on the social network X, urging users to remain calm and avoid making hasty decisions. They also assured users that they are working closely with exchanges where EVER is listed to prevent further outflow of tokens.

Unfortunately, the details of the incident and the exact number of stolen tokens remain unknown. To protect users’ funds, the developers have temporarily disabled the Octus Bridge cross-chain bridge. They advised users to stay updated with the latest news and promised to provide more information soon.

Impact on EVER Token Value

Following the report of the theft, the value of EVER token experienced a 20% drop, according to CoinMarketCap. The token’s capitalization decreased from $63.9 million to $50 million. However, the price of EVER has since recovered and reached $0.02896, with market capitalization rising back to $55 million.

Hot Take: Security Breach Highlights Need for Vigilance

This incident serves as a reminder for cryptocurrency holders to prioritize security measures and exercise caution when trading or storing tokens. It is crucial to stay informed about potential risks and take necessary steps to protect your investments in this volatile market.

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Everscale Reports Unauthorized Access to Tokens