Advertise
Saga has paused its SagaEVM chain after a smart contract exploit drained nearly $7 million in assets, forcing the team to stop the chain at block height 6,593,800 while it investigates and fixes the issue. Attackers used a coordinated series of contract and cross‑chain actions to bridge funds out to Ethereum, and Saga is working with exchanges to blacklist the attacker’s wallet. The breach led Saga Dollar to drop to about $0.75 and slashed the total value locked by over half, though the core network remains secure.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Yes 
No 
