SOON Suspends Cross-Chain Bridge Amid Abnormal Withdrawal Activity

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SOON suspends cross-chain bridge amid abnormal withdrawal activity, according to on-chain news. The SOON Foundation halted the svmBNB to mainnet bridge on October 31 after detecting unusual withdrawals. The issue was confirmed at 22:00, and the service was paused. Crypto updates indicate the bridge remains offline as the foundation investigates. No further details have been released.

Odaily Planet Daily reports that SOON has announced that the SOON Foundation has suspended the cross-chain bridge service between svmBNB and the SOON mainnet. The official statement indicated that around 19:00 on October 31, abnormal withdrawal activity occurred on the svmBNB-SOON mainnet cross-chain bridge. The SOON Foundation detected this anomaly at 22:00 and immediately shut down the cross-chain bridge service. The Foundation has now secured the bridge and is conducting an in-depth investigation. The cross-chain bridge will remain suspended during the investigation, and further updates will be announced separately.

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