Virtuals Protocol has suspended the token migration feature due to vulnerabilities

2025-01-17 17:56:48
Collection

ChainCatcher news, Virtuals Protocol announced the suspension of the token migration feature. The project team stated that they discovered several tokens migrated earlier had mintable properties, allowing token creators to mint additional tokens and sell them in the liquidity pool on the Virtuals platform.

To enhance user protection, the team is integrating auditing services to filter potential scam tokens. The token migration feature will remain disabled until the relevant integration is completed.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators