ZetaChain Pauses Mainnet After Hack Hits Team Wallets

Layer-1 network ZetaChain said it was hacked on Monday. But the project claimed the attack only affected its own internal team wallets and did not hit user funds. 

The network paused cross-chain transactions while the team investigated the incident. This is the second cross-chain exploit in April, after the earlier KelpDAO hack.

The team said it had already blocked the attack vector and would release a full post-mortem after completing its investigation.

ZetaChain’s status page showed mainnet cross-chain transactions paused as a precaution. 

The incident was marked as identified and ongoing for around six hours, with the status page noting that the team had identified the attack vector and was preparing a patch.

The ZETA token also traded lower during the incident. CoinGecko data shown in the attached chart placed ZETA near $0.054, down about 4.8% over 24 hours. Its 24-hour range was between roughly $0.053 and $0.059.

Community reaction was mixed. Some users praised the public disclosure, while others raised concerns about cross-chain attack surfaces after recent incidents involving interoperability infrastructure.

The post ZetaChain Pauses Mainnet After Hack Hits Team Wallets appeared first on BeInCrypto.

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