📢Update on the recent Hyperbridge incident
We want to reassure our community that Cere Network's operations remain unaffected.
Due to our secure lock & release integration and minimal exposure, the impact on Cere is negligible. A small batch (valued at $4,500) of $CERE tokens was affected and they have already been absorbed by the market. There is no further impact.
Hyperbridge is actively working on fixes and out of caution, they closed the bridge temporarily. It's expected to last at least one week as we await full verification & audits before re-engaging funds.
We want to reassure our community that Cere Network's operations remain unaffected.
Due to our secure lock & release integration and minimal exposure, the impact on Cere is negligible. A small batch (valued at $4,500) of $CERE tokens was affected and they have already been absorbed by the market. There is no further impact.
Hyperbridge is actively working on fixes and out of caution, they closed the bridge temporarily. It's expected to last at least one week as we await full verification & audits before re-engaging funds.