Back Kucoin Switchboard Pauses Operations on Aptos, Sui, Iota, and Movement Networks
Huo Xing Finance reports that the decentralized oracle protocol Switchboard tweeted that reports emerged late last night regarding a potential compromise of the Switchboard network implemented in the Move language. Contributors have coordinated with relevant teams and security organizations to suspend the Switchboard networks on Aptos, Sui, Iota, and Movement. Although no similar reports of compromise have been made regarding the Solana implementation, users are advised as a precaution to migrate at least temporarily to alternative solutions while the issue is under investigation. Further details will be released shortly.
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This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.
