GuShiio.com learned that mETH Protocol issued a response on X. In response to the Bybit security incident, the team took multiple emergency measures to mitigate the impact. First of all, the built-in 8-hour withdrawal delay mechanism in the agreement successfully gained valuable response time for the team, promptly suspended cmETH withdrawals, and prevented unauthorized withdrawals. Secondly, mETH Protocol blacklists the hacker’s wallet addresses, effectively preventing further cmETH transfers and their operations in the protocol. In addition, the protocol also reduces cmETH mobility on Mantle network L2. In the end, mETH Protocol successfully recovered 15,000 cmETH from the hacker address, restoring the integrity of the cmETH supply.
read the original