{"id":5571,"date":"2023-10-19T17:48:09","date_gmt":"2023-10-19T17:48:09","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=5571"},"modified":"2023-10-19T17:48:09","modified_gmt":"2023-10-19T17:48:09","slug":"major-theft-in-everscale-token-20-percent-drop-in-ever-price","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/major-theft-in-everscale-token-20-percent-drop-in-ever-price\/","title":{"rendered":"Major Theft in Everscale Token: 20% Drop in EVER Price!"},"content":{"rendered":"

The Everscale project, based on the Telegram Open Network architecture, caused a significant disturbance in the cryptocurrency market after announcing a major security breach that resulted in the theft of a substantial number of EVER tokens. Following the news, the native token of Everscale, EVER, experienced a significant price drop.<\/p>\n

The Everscale team stated the security incident as follows: “Regrettably, we observed that an extensive amount of EVER tokens were stolen.<\/strong>” They also indicated that they temporarily deactivated the Octus Bridge, which serves as a decentralized bridge among the supported blockchains of Everscale, and they are actively working with crypto exchanges to stop token withdrawals from the ecosystem.<\/p>\n

You might like: Binance US Announces Suspension of US Dollar Withdrawal<\/strong><\/a><\/p><\/blockquote>\n

The team advised users to remain calm and avoid hasty actions, emphasizing that the investigation is ongoing, and they will provide more details as the situation becomes clearer. According to CoinGecko data, as a result of the security breach, the price of EVER tokens has dropped by over 20% in the past 24 hours.<\/p>\n

This security issue experienced by Everscale once again highlights the risks that crypto projects face and underscores the importance of security measures. Users should be cautious in similar situations and strengthen their security measures.<\/p>\n

The impact of this incident on Everscale and the EVER token will become clear after the team’s investigation. The crypto community is now more aware than ever of the importance of being vigilant about security issues and approaching projects in a secure manner.<\/p>\n

\n

In the comment section, you can freely share your comments about the topic. Additionally, don\u2019 t forget to follow us on\u00a0Telegram<\/strong>,\u00a0<\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Everscale project, based on the Telegram Open Network architecture, caused a significant disturbance in the cryptocurrency market after announcing a major security breach that resulted in the theft of a substantial number of EVER tokens. Following the news, the native token of Everscale, EVER, experienced a significant price drop. The Everscale team stated the<\/p>\n","protected":false},"author":2,"featured_media":5624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[984,2063,2065,2064,405],"class_list":["post-5571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-dump","tag-everscale","tag-everscale-token","tag-evet","tag-telegram"],"yoast_head":"\nMajor Theft in Everscale Token: 20% Drop in EVER Price! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"A major security breach at Everscale token, resulting in stolen EVER tokens, caused its price to drop significantly.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/major-theft-in-everscale-token-20-percent-drop-in-ever-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Major Theft in Everscale Token: 20% Drop in EVER Price! 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