Swell pauses swETH and rswETH after suspected admin key compromise
AI summary of the linked articleSwell has paused deposits and withdrawals for its swETH and rswETH tokens while it works with security partners and Seal911 to secure its infrastructure, following a suspected admin key compromise. The next step toward resuming normal operations is returning NAV to its correct value, after which deposits and withdrawals will resume. Swell states that all funds are safe and advises users to stay vigilant and follow only official channels, since such events can lead to more phishing attempts. |
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