Payy Network Halts All Transactions After Ethereum Bridge Attack
The bridge contract’s entire balance was transferred out. Deposits, withdrawals, transfers and card transactions remain suspended during the investigation.
Payy Network suspended all network transactions after an attack on its Ethereum bridge contract transferred out the contract’s entire balance, disrupting deposits, withdrawals, transfers and card transactions.
The suspension covers every listed transaction type while the team investigates the incident and follows its security incident response process. The network will continue publishing updates as the response develops.
The attack affects the bridge contract deployed on Ethereum.
Transactions and card functions will remain paused during the investigation.
Payy Network’s next step is to continue its security response and disclose further progress.
