Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Wormhole Foundation: FEG token issues have nothing to do with Wormhole

Wormhole Foundation: FEG token issues have nothing to do with Wormhole

CointimeCointime2024/12/31 01:22
By:Cointime

 the Wormhole Foundation stated on social media that the FEG token issue has nothing to do with Wormhole. All Wormhole contracts are completely unaffected by this issue and are not related to it.

Previously, on December 29th, the multi-chain DeFi protocol FEG (Feed Every Gorilla) announced on X platform that FEGrox is actively investigating improper transactions and has requested additional support from PeckShield to identify the root cause. Preliminary investigations show that there may be vulnerabilities in the Wormhole bridge, which have previously been audited. It should also be emphasized that the SmartDeFi contract code does not seem to have been compromised, and the SmartDeFi protocol has been suspended as a preventive measure. Projects built on this protocol are still safe at present.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin ETFs See $675M Inflow, Ethereum Follows Strongly

Bitcoin spot ETFs gain $675M inflow on May 2; Ethereum ETFs also surge with $20M net inflow, both showing zero outflows.Ethereum ETFs Follow the TrendWhat It Means for Crypto Markets

Coinomedia2025/05/03 09:22
Bitcoin ETFs See $675M Inflow, Ethereum Follows Strongly

Cardano ETF Could Send ADA Price to $3

Cardano ETF is expected soon and could push ADA to $3 and beyond, marking a historic moment for the blockchain project.Could ADA Hit $3 or More?Why Institutions Are Watching Cardano

Coinomedia2025/05/03 09:22
Cardano ETF Could Send ADA Price to $3