Hello all - The Sifchain DEX is temporarily paused for maintenance. Engineering is working hard to resolve the issue.
19 Sep 2022, 11:28
Hello all - The Sifchain DEX is temporarily paused for maintenance. Engineering is working hard to resolve the issue. More updates to follow.
Same news in other sources
2SifChainerowan #2160
19 Sep 2022, 16:20
Sifchain has been temporarily halted. After the activation of margin trading behavior during a chain upgrade, there was abnormal activity on the chain in which users were adding liquidity and removing more assets than they had added.
As such, Engineering locked down the front-end of the DEX, and validators collaborated to halt the chain.
Fortunately, the effects of the exploit have been contained, and many users who received extra assets have already sent messages expressing a desire to return the funds.
Additionally, we know the identity of the largest exploiter of the bug, and are currently in the process of reaching out to him to get the assets returned.
If you received extra funds, please contact @abratusz about the process to return them.
Thank you to all of the validators and community members that helped Engineering respond quickly. There will be more updates communicated as they become available.
Sifchain has been temporarily halted.
Sifchain has been temporarily halted. After the activation of margin trading behavior during a chain upgrade, there was abnormal activity on the chain in which users were adding liquidity and removing more assets than they had added.
As such, Engineering locked down the front-end of the DEX, and validators collaborated to halt the chain.
Fortunately, the effects of the exploit have been contained, and many users who received extra assets have already sent messages expressing a desire to return the funds.
Additionally, we know the identity of the largest exploiter of the bug, and are currently in the process of reaching out to him to get the assets returned.
If you received extra funds, please contact @abratusz about the process to return them.
Thank you to all of the validators and community members that helped Engineering respond quickly. There will be more updates communicated as they become available.
SifChainerowan #2160
19 Sep 2022, 16:20
Sifchain has been temporarily halted. After the activation of margin trading behavior during a chain upgrade, there was abnormal activity on the chain in which users were adding liquidity and removing more assets than they had added.
As such, Engineering locked down the front-end of the DEX, and validators collaborated to halt the chain.
Fortunately, the effects of the exploit have been contained, and many users who received extra assets have already sent messages expressing a desire to return the funds.
Additionally, we know the identity of the largest exploiter of the bug, and are currently in the process of reaching out to him to get the assets returned.
If you received extra funds, please contact @abratusz about the process to return them.
Thank you to all of the validators and community members that helped Engineering respond quickly. There will be more updates communicated as they become available.
Sifchain has been temporarily halted.
Sifchain has been temporarily halted. After the activation of margin trading behavior during a chain upgrade, there was abnormal activity on the chain in which users were adding liquidity and removing more assets than they had added.
As such, Engineering locked down the front-end of the DEX, and validators collaborated to halt the chain.
Fortunately, the effects of the exploit have been contained, and many users who received extra assets have already sent messages expressing a desire to return the funds.
Additionally, we know the identity of the largest exploiter of the bug, and are currently in the process of reaching out to him to get the assets returned.
If you received extra funds, please contact @abratusz about the process to return them.
Thank you to all of the validators and community members that helped Engineering respond quickly. There will be more updates communicated as they become available.