CoinWorld News: Layer-1 blockchain Saga has suspended its SagaEVM chain after experiencing an attack worth approximately $7 million. The team stated that the attack involved cross-chain operations and liquidity extraction, but the overall network structure was not compromised. Its stablecoin Saga Dollar temporarily de-pegged to $0.75, and the total locked value on the platform dropped from over $37 million to about $16 million. Security researchers speculate that the attack may have exploited an infinite minting vulnerability.

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