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Ontology pauses mainnet transactions during security review

Ontology has paused mainnet transactions while its technical team examines a potential security issue. No incident or asset loss has been confirmed, and the project has not disclosed when transactions will resume.

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Ontology pauses mainnet transactions during security review
Ontology has halted transactions on its mainnet while its technical team investigates a potential security issue, according to CryptoSlate. The project said that no incident had been confirmed and that there was no confirmed loss of assets. A public node remained at block 20,770,893 while the investigation continued. Ontology did not provide a timetable for restarting mainnet transactions. The pause leaves activity on the network suspended as the team assesses the situation and determines whether further action is required. The update is relevant to ONT market participants because the status of mainnet operations may affect the use of the network, although the project has not confirmed a breach or asset impact. No additional details about the suspected issue were provided in the supplied report.
Source CryptoSlate This is an original Moneyiar brief based on the cited source.
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