SagaEVM Chain Exploit Sees $7M Drained, Funds Moved to Ethereum

The SagaEVM chain, part of the Saga Layer-1 blockchain ecosystem, remained paused after a security exploit on January 21. With that, the investigation update was released on January 22,  the attacker’s wallet was found, and around $7 million worth of assets, with some converted to Ethereum. Further, the team is