Saga Halts EVM Blockchain After $7 Million Exploit
First seen 22 Jan 2026, 21:42 UTC
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Saga has suspended its SagaEVM blockchain operations following a hacking incident that resulted in losses of nearly $7 million. The breach was isolated to a chainlet, and the company is currently investigating the incident and enhancing system security.
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Timeline
Recent
Saga paused its SagaEVM chain after the exploit
Recent
Investigation initiated to assess the breach
Date unknown
Security measures being strengthened