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ZetaChain has paused cross-chain transactions on its mainnet after detecting an attack on its GatewayEVM contract. The network said the incident affected only internal wallets and that no user funds were lost. DefiLlama reported losses of about $300,000 as ZetaChain prepared a detailed post-mortem.
ZetaChain said it took the precautionary step after identifying an attack on GatewayEVM, a contract described as a key entry point for cross-chain activity between EVM-compatible networks and applications on ZetaChain. The contract routes interactions across connected chains.
“As a precaution, cross-chain transactions are currently paused on ZetaChain,” the team said. “Investigation is still ongoing, and at this time no user funds were impacted by this attack.”
DefiLlama data indicated the attack caused losses of approximately $300,000. ZetaChain has not confirmed the exact amount and said it plans to publish a full post-mortem.
According to ZetaChain’s official status page, cross-chain transactions remained paused as of 9:00 p.m. ET on Monday. That was about nine hours after the team first identified the attack.
The incident follows several recent DeFi security events. The LayerZero-powered Kelp DAO bridge exploit drained $292 million and resulted in bad debt on Aave. Since that event, DefiLlama data shows at least 10 attacks on DeFi projects.
ZetaChain launched its mainnet in early 2024 and focuses on blockchain interoperability. The project describes itself as a universal blockchain connecting networks including Bitcoin, Ethereum, and Polygon.
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