Casper Network Shuts Down Amid Security Concerns

<h1 class="d-none">Casper Network Suspends Services Following Security Incident</h1> <h2 class="d-none">Security Breach Forces Casper Network to Cease Operations</h2> Casper Network Suspends Services Following Security Incident

Casper Network experienced a security breach, which temporarily halted all operations to contain the issue and prevent potential exploitation.

The Casper Network team quickly discovered the breach and collaborated with validators to suspend the network.

The Casper Association, Casper Labs, and the community of validators are working together to find and implement an efficient solution to the breach.

The breach has been contained, and the Casper Network team has identified the cause. They are now focused on examining all aspects of the breach.

All transactions, including transfers, minting, and staking, were halted at block 3,329,418, era 14544, effectively freezing all activity.

The incident highlights ongoing security challenges in the crypto community, exemplified by similar breaches like the hack of the WazirX exchange.

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