Ontology halts mainnet transactions as technical team investigates potential security issue

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Ontology suspended mainnet block production on August 31 at 09:09 UTC to investigate a potential security concern identified during a daily security check. A public node showed no new blocks for approximately five hours and six minutes, with the last recorded block at height 20,770,893 timestamped at 08:24:26 UTC. The project reported no confirmed exploit or asset loss, stating that ONT and ONG crypto assets along with other on-chain assets remained unaffected. The suspension’s duration remains undetermined with no public restart timetable disclosed, and the network will not process on-chain transactions until block production resumes.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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