Core DAO plans emergency hard fork after validators drew excess rewards

Core says the incident is contained and its planned forward upgrade will not roll back the network or reverse previously confirmed transactions.
Core DAO is coordinating an emergency hard fork after validators claimed more CORE rewards than the blockchain intended to issue.
In an update, Core said the incident had been contained and that “malicious validators” could no longer draw excess rewards. It said the fork would be a forward upgrade and would not roll back the network or reverse any previously confirmed transactions.
This followed an earlier status update on Monday, in which Core said a small number of validators had accrued rewards significantly above the protocol’s intended issuance. It said the incident was limited to reward issuance and that user assets remained safe, adding that it would publish a technical postmortem.
Source: Cointelegraph →Related News
- 1 hour ago
Binance takes $100M stake in Circle under expanded USDC deal
- 2 hours ago
ECB to put its own money into tokenized securities via new Pontes DLT
- 2 hours ago
ECB, EU cenbanks seek changes in MiCA’s minimum bank deposit for stablecoins
- 4 hours ago
White hats outrun Coldcard hackers in 52-Bitcoin evacuation
- 5 hours ago
Crypto’s wild boom-and-bust cycles are fading, Solstice CEO says
