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Stargate’s cross-chain bridge halted for 16 hours due to DVN issues

Stargate, built on LayerZero, stopped functioning for over 16 hours due to decentralized verification network issues, impacting transaction processing across various blockchains.

PeckShield, a blockchain security company, reported the failure, advising users to pause cross-chain transactions until the situation improves.

The native token STG is currently trading at 0.30 USD, reflecting a 2% increase after it dropped to 0.26 USD prior to the incident.

This is community-generated content, not advice from ONUS.
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