Injective mainnet was down for nearly four hours, with attackers profiting approximately $4.88 million.
3 days ago
On-chain researcher Rarma’s analysis reveals that Injective halted block production for approximately 3 hours and 42 minutes on August 31. The block height recovered from 181,027,006 to 181,027,007, with no rollback occurring during the outage. QuickNode’s status records also confirm that Injective’s mainnet experienced a full-network block stagnation that day, prompting the deployment of an emergency patch. Attackers are suspected of repeatedly exploiting Injective’s insurance fund and permissionless binary options market creation mechanism, executing a total of 299 related operations, and ultimately funneling roughly 1,979.8 ETH (valued at around $4.88 million) in proceeds to a single address.
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