MANTRA Chain Restarts After 30-Hour Security Halt

The mainnet, an RWA-focused Layer 1, had been frozen since late Aug. 20 after security teams detected an attacker exploiting an upstream software dependency. The shutdown halted all transactions, staking, and bridge operations, effectively taking public endpoints and validator services offline. During the investigation, developers traced the flaw to the Cosmos-EVM component, which facilitates Ethereum-compatible smart contracts on the network. While the exploit impacted two MANTRA-managed wallets, the project stated that no user or partner funds were lost. The restart followed a series of coordinated upgrades, beginning with MANTRA-operated validators and extending to the broader node operator set. This process avoided blockchain rollbacks or state alterations, ensuring that token holders needed to take no individual action. Although the network is now operational, MANTRA continues to monitor stability and plans to release a comprehensive technical post-mortem in the coming days. The incident occurred during a period of market volatility for the MANTRA token, which saw its price drop roughly 18.5% to a record low of $0.004126 shortly before the network halt. While analysts noted a 600% surge in trading volume during the event, the project has not confirmed a link between the selloff and the security breach.