Avalon Labs "No Operational Impact Despite Organized Attack"

Source
Son Min

Summary

  • Avalon Labs reported that despite an organized attack, there is no impact on operations.
  • The attack targets several projects within the omni-chain Bitcoin DeFi ecosystem.
  • The company is actively working to resolve the malicious attack and has announced further updates.
Source=Pell Network X Capture
Source=Pell Network X Capture

Avalon Labs, an omni-chain Bitcoin DeFi platform, announced that it was subjected to an organized attack but stated that its operations were not affected.

On the 5th (local time), Avalon Labs reported via X, "We have identified an organized attack targeting several projects within the ecosystem," and added, "Avalon Labs' operations have not been impacted." They further stated, "We are actively working to resolve the malicious attack" and urged to "stay tuned for further updates."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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