MANTRA Chain halts operations amid investigation of unspecified incident

The RWA-focused L1 blockchain has frozen all endpoints, validators, and transactions while teams assess the situation.

MANTRA Chain, the layer 1 blockchain built around tokenizing real-world assets, has paused network operations following an incident that is still under investigation, the team announced Thursday.

All endpoints and transactions have been frozen, temporarily disrupting deposits and withdrawals involving the chain.

The project has not disclosed a root cause or estimated recovery timeline, saying it will share verified information through its official channels. Users have been advised to wait before attempting transactions.

MANTRA’s token, formerly known as OM, slid around 10% over the past day, bucking a market-wide rally that sent Bitcoin close to $74,000.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

MANTRA Chain, the layer 1 blockchain built around tokenizing real-world assets, has paused network operations following an incident that is still under investigation, the team announced Thursday.

All endpoints and transactions have been frozen, temporarily disrupting deposits and withdrawals involving the chain.

MANTRA’s token, formerly known as OM, slid around 10% over the past day, bucking a market-wide rally that sent Bitcoin close to $74,000.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.