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Stargate bridge outage caused 6-hour trading halt for users’ assets

The Stargate bridge faced a 6-hour outage starting at 03:00 PM due to a malfunction in the Decentralized Verifier Network, which halted cross-chain transactions and left users’ assets stuck.

The trading price of the STG token fell by about 7%, reaching around 0.28 USD, as the market declined, raising concerns about the bridge’s reliability for future transactions.

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