Fogo has temporarily paused mainnet operations after detecting unauthorized activity, taking what it described as precautionary measures to prevent further movement of affected assets. The network said it will carry out an upgrade during the halt to restrict addresses linked to the incident.
The pause follows an earlier report that the Fogo Foundation was attacked and that 400 million FOGO tokens were transferred out. Fogo has not yet provided further details on the scope of the incident or a timeline for restoring normal operations.
Fogo Halts Mainnet After Unauthorized Activity to Contain Asset Movement
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