Digital Currency
Add as a preferred source on GoogleThe suspension halted transfers between svmBNB and SOON mainnet while the foundation investigates.
The foundation says it halted the route on Oct. 31 after detecting withdrawals it considered abnormal.
The bridge linked svmBNB, which executes transactions through SVM and settles them on BNB Chain, to SOON mainnet, a rollup using a decoupled SVM.
The route was paused when the activity was detected.
The foundation says the bridge has been contained and the route will stay paused during its review. It says it will share more information later.
The suspension includes two vaults beyond the one involved in the exploit as Troves reviews its exposure and recovery options.
The community-approved plan moved most pools to withdrawals and wound down the core team.
An Oct. 29 EconoTimes report put Solana’s distributed RWA value at $5.19 billion and listed a separate $11.82 billion transfer total.
