Date: Sun, July 28, 2024, 11:06 AM GMT
In a swift response to a discovered security vulnerability, Casper Network has temporarily suspended its operations. This decisive action, taken in collaboration with Casper Association, Casper Labs, and various validator communities, aims to safeguard the network from any potential exploitation.
Casper Network’s official statement confirms the identification of the security issue and reassures users that efforts are underway to resolve it. The suspension of the network means that no transactions will be processed until the vulnerability is fully addressed, ensuring the integrity and safety of the platform.
Interestingly, despite the suspension, the Casper (CSPR) token has seen a notable surge, rising by 5.08% in the last 24 hours. Currently, CSPR is trading at $0.02004, with a market capitalization of $244 million.
Stay tuned for further updates as the Casper team works diligently to restore normal operations.
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