TAC: About 90% of the stolen assets have been recovered, and the cross-chain bridge will resume operation after the audit is completed

By: rootdata|2026/05/21 20:45:02
0
Share
copy

The TON Network expansion project TAC has disclosed that a security incident occurred with the TON-TAC asset bridge on May 11. Four days later, approximately 80% of the affected assets have been returned. TAC today released a post-incident analysis report detailing the events. The root cause of the vulnerability was a lack of a single verification in the sorter software: the attacker deployed a counterfeit Jetton wallet on TON, and the sorter accepted the counterfeit tokens because it did not verify the code hash of the sender's wallet. The total loss was approximately $2.86 million, involving USDT, BLUM, and tsTON. Following a public appeal, about 90% of the assets were returned to the multi-signature address controlled by TAC on May 14, with the remaining 10% retained by the attacker.

The cross-chain bridge remains paused, awaiting independent review of the repaired sorter software by the auditing party and TON partners. Cross-chain operations will resume once the verification of the repaired software is completed and the gap is filled with recovered assets and TAC Foundation token reserves. Due to the need for multi-party coordination, a precise timeline cannot be provided. The remaining funding gap will be filled by the TAC Foundation treasury, ensuring that users and protocols incur no financial losses. TAC reminds users that official updates are only published through this account and Telegram, and any unsolicited "recovery" or "support" private messages are scams.

You may also like

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

How has Binance's stock business performed in the 30 days since its launch?

Emerging market buying supported the first wave of demand.

Blockchain Capital Partner: AI is rewriting the fundamental unit of labor

The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.

Can Open USD support Stripe's ambitions?

Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."

Founder of Baixing.com: I believe half of the statement that large language models devour everything

The internet has been shouting for so many years about devouring everything. Has it really devoured everything now? Is it the internet that devours everything, or is it the large models that devour everything? Both are devouring, and nothing is left?

A "legal" robbery? Attackers emptied the BonkDAO treasury by buying tickets

Handing over the keys to the vault to a public vote where "anyone can spend money to participate," without sufficient oversight mechanisms, even the most legitimate governance ideals may turn into the most convenient tools for attackers.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com