B14G Reports 97 Million CORE Drain and Pauses Protocol Contracts

B14G said 97 million CORE was drained from its Bitcoin staking protocol and paused contracts in response, putting contract activity on hold. The project said Bitcoin (BTC) staked through the protocol was unaffected, distinguishing the reported CORE drain from the platform’s BTC staking positions. Exchanges froze about 9 million CORE, B14G said. That is roughly 9% of the reported drain, but the frozen amount is not a final-loss figure. The figures describe three distinct points: 97 million CORE drained, about 9 million CORE frozen by exchanges, and staked BTC left unaffected.

Also reported by The Defiant.

Source: TokenPost