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      Ontology, Injective Hit by Block Halts; Suspected Injective Exploit Nets $4.9 MillionLayer-1...

      Ontology, Injective Hit by Block Halts; Suspected Injective Exploit Nets $4.9 MillionLayer-1 networks Ontology and Injective both suffered block-production halts around Aug. 31 amid security concerns. Ontology, an identity-focused public blockchain, initially paused its mainnet as a precaution and said on Sept. 1 that it had identified malicious activity targeting the network, while confirming user assets were not compromised. Injective, a finance-focused Layer 1 incubated by Binance, stopped producing blocks for about 3 hours and 42 minutes before resuming without a rollback; QuickNode recorded a network-wide stall followed by an emergency patch.

      Source: Wu Blockchain
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud