MultiversX mainnet resumes after five-day exploit halt; Kraken pauses EGLD trading
In brief
- MultiversX mainnet resumed block production September 24 after five-day halt from virtual-machine atomicity exploit.
- Kraken's EGLD trading remained cancel-only with deposits and withdrawals paused as of September 24.
- Cancel-only mode allows customers to exit positions but blocks new orders and trade execution.
Recovery underway, exchange restrictions remain
MultiversX's technical team announced the restart on September 24, confirming that a recovery upgrade had been deployed and block production had resumed. The gateway's post-restart timestamp verified that the network was reporting new blocks, signaling the halt had ended.
The network had shut down on September 19 after an attempted exploit of a virtual-machine atomicity issue caused invalid state changes. MultiversX's technical account warned that trading, deposits, and withdrawals might remain paused at some exchanges for several more days during their reopening processes—a caution that proved accurate for Kraken.
Kraken's pause extends past network restart
Kraken's incident page showed cancel-only trading and paused deposits and withdrawals as of September 24, with no reopening timeline disclosed. Cancel-only trading allows customers to cancel existing orders but bars new orders and trade execution, effectively locking out fresh positions.
The exchange first reported possible EGLD funding-gateway delays on September 16, then moved EGLD pairs to cancel-only mode on September 19 when MultiversX disclosed the exploit. The timing of Kraken's initial warning—before MultiversX's public announcement—suggests the exchange detected anomalies in the gateway ahead of the network's halt, though the dates alone cannot establish direct causation.
No reopening date has been announced. Traders holding EGLD on Kraken remain unable to buy, sell, deposit, or withdraw until the exchange lifts its restrictions.
