Everscale Clarifies the $EVER Token Theft Situation Amid Ongoing Controversy
In Brief
Everscale clarified that the theft of the $EVER tokens stemmed from fraudulent actions and not from a hacking incident involving their network.
In the wake of the uproar concerning the theft of $EVER tokens, Everscale addressed their community via their official Twitter platform. @Everscale_net to provide a detailed explanation. Contrary to early assumptions, the organization affirmed that fraudulent activities were to blame, rather than a hack targeting their network or related dApps.
Notably, the affected tokens were ERC20 versions of EVER, distinct from the native cryptocurrency. Following this incident, partner exchanges have temporarily halted the withdrawal and deposit of Wrapped EVER (WEVER). For those interested in more detailed information, we encourage you to check out Bithumb and Coinone .
Recent EVER volatility: update
— Everscale (@Everscale_net) October 17, 2023
Dear friends, we found that the theft of EVER tokens resulted from fraudulent actions—there has been no hack on the network or any dApps involved 🫡
The compromised tokens were ERC20 versions rather than the native EVER coin.
Exchanges… pic.twitter.com/HEnuNr1XaO
Native EVER Secure on Octus Bridge
Despite the alarming event Everscale has assured its users that the native EVER tokens remain secure on the Octus Bridge. As for the investigation into the stolen tokens, the company is conducting a thorough inquiry and plans to update the community with detailed findings shortly.
As we reported yesterday, Octus Bridge revealed the theft of a substantial number of $EVER tokens. This significant event caused the token's value to drop by 20.8%, raising concerns among its holders. Our previous analysis emphasized the necessity for vigilance and the potential risks of scams that may emerge as a result of this situation.
The Impact On Crypto Community
The recent incidents involving Everscale and Octus Bridge highlight the inherent challenges and vulnerabilities within the ever-evolving crypto landscape. As the investigation progresses, the wider community remains optimistic for clearer answers and anticipates measures to mitigate the risk of similar occurrences in the future.
As events unfold, it's crucial to keep yourself informed and cautious. Everscale's proactive approach shows their dedication to their user base. Stakeholders are encouraged to stay updated and to act thoughtfully.
Disclaimer
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