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TAC blockchain remains frozen after exploit triggers 1.26 billion-token bailout

TAC has remained frozen for more than 10 days after an exploit led to a 1.26 billion-token bailout. A transaction emptied 28.6% of the bonded pool, while 1.66 billion attacker-held TAC remains unresolved.

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TAC blockchain remains frozen after exploit triggers 1.26 billion-token bailout
The TAC blockchain has remained frozen for more than 10 days following a major exploit, according to CryptoSlate. The incident led to a bailout involving 1.26 billion TAC tokens. A single transaction removed 28.6% of the supply held in the bonded pool, highlighting the scale of the disruption. The status of a further 1.66 billion TAC tokens held by the attacker remains unresolved. The ongoing freeze leaves the network’s situation unsettled as the handling of the affected tokens continues to be addressed.
Source CryptoSlate This is an original Moneyiar brief based on the cited source.
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