TAC: About 90% of the stolen assets have been recovered, and the cross-chain bridge will resume operation after the audit is completed
The TON Network expansion project TAC has disclosed that a security incident occurred with the TON-TAC asset bridge on May 11. Four days later, approximately 80% of the affected assets have been returned. TAC today released a post-incident analysis report detailing the events. The root cause of the vulnerability was a lack of a single verification in the sorter software: the attacker deployed a counterfeit Jetton wallet on TON, and the sorter accepted the counterfeit tokens because it did not verify the code hash of the sender's wallet. The total loss was approximately $2.86 million, involving USDT, BLUM, and tsTON. Following a public appeal, about 90% of the assets were returned to the multi-signature address controlled by TAC on May 14, with the remaining 10% retained by the attacker.
The cross-chain bridge remains paused, awaiting independent review of the repaired sorter software by the auditing party and TON partners. Cross-chain operations will resume once the verification of the repaired software is completed and the gap is filled with recovered assets and TAC Foundation token reserves. Due to the need for multi-party coordination, a precise timeline cannot be provided. The remaining funding gap will be filled by the TAC Foundation treasury, ensuring that users and protocols incur no financial losses. TAC reminds users that official updates are only published through this account and Telegram, and any unsolicited "recovery" or "support" private messages are scams.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Router Protocol to Cease Operations on September 30, 2026

Weekly Highlights | The Meme Craze and Risks of Robinhood Coin Stocks Intertwined, Collective Release of AI Large Models

Cryptocurrency Fills the 900 Million Annual Fee Pit for Robots

Stargate V1 Liquidity Pool to End on December 15, 2026

21-bank stablecoin has global backing, but can it rival USDT and USDC?

Bitcoin Surge Drives Corporate Accumulation of BTC and ETH

Arthur Hayes calls EUR/JPY prices crypto’s smoke alarm, but the Fed’s plumbing still shows no fire

Why GENIUS could leave digital dollars vulnerable to sudden blockchain network ‘bank runs’

Cracking 1.33 Trillion Daily Tokens: B.AI Powers the “AI Grid” with Full-Stack Infrastructure to Fuel the Agentic Era

Cybercrime, Child Gambling, and Underground Banking

Polygon Foundation Launches Cryptocurrency Donation Campaign for Nepal Disaster Relief Fund

Should You Invest in Cryptocurrency in 2026-2027: New Rules, Risks, and a Reasonable Portfolio Share

RWA Weekly: Singapore's Monetary Authority Proposes New Stablecoin Regulations; London Stock Exchange Plans to Launch Tokenized UK Stocks

Taiwan's Financial Supervisory Commission Plans Nine Regulations for Virtual Assets, Expected to Launch in Q1 2027

What Really Happened with Agents in Q2 Earnings Season of US and A-shares

Axis Robotics Open-Sources One of the Largest Franka Arm Simulation Datasets for Physical AI

El Niño Disturbs Commodities: Under the Calm of US Stocks, Markets Begin Trading Supply Risks

Why Do Robots Need Money? Understanding the Next Generation of Machine Economy Driven by DePIN

US, UK join forces to target crypto scam centers and investment fraud

The Rise of Blockchain Again, but This Time It's Clearly Different

What is arbitrage? The trading minute

Monad mainnet upgrade reduces data storage costs by 98%

Creators Speak | Is a New Round of Crypto Bull Market Coming?

USDT Recharge, Multi-Currency Exchange, Virtual Credit Cards: What Are the Criminal Boundaries of Web3 Payment Platforms?

Wyoming Adds Chainlink's Reserve Verification Feature to State-Issued Stablecoin

Betting on the Frontier: Why the Best Crypto Investments Arise in Bear Markets

Coldcard Bitcoin Theft Transferred to Ethereum Through 34 Exchanges

Uniswap Founder Says Tokenized SPY Trading Pairs Perform Well, Liquidity Expected to Grow

USD.AI Releases First Verification Report on GPU-Backed Loan Portfolio













