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ILITY confirms security incident and suspends cross-chain bridge

NewsFeeds update

ILITY said on 17 October that a security incident hit its network and it has temporarily shut its cross-chain bridge while it investigates with law enforcement, forensics experts and investors. Analyst Specter linked wallets moving about 35,700 ZEC, worth about $41m at the time, and about 4.1m ILY tokens to the bridge, but the ZEC link is unconfirmed.

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