Forthewin Network like a flash suspended its bridging companies from Neo to Ethereum and Polygon, namely the ftwNEO and NEP token assets. In Forthewin Network’s Discord server, the venture founder, Ed, addressed the vital bug discovered by a white hat hacker:
In consequence, we have disabled the bridges for ftwNEO and NEP on Ethereum and Polygon. The assets are trusty. Now we have identified the bug and addressed it. On the opposite hand, we’re looking to double-take a look at all our codes at this moment to make sure security.
The development crew mounted the bug inner forty eight hours, relaunched the bridging service, and no users reported shedding rep entry to to any assets. On the time of press, users can bridge between NEO and NEP from Polygon and Ethereum lend a hand to Neo N3. If users face any disorders, they’re urged to contact the Forthewin Network crew.
About Forthewin Network’s EVM Bridge
In June 2023, Forthewin Network launched its bridging scheme to energy ftwNEO, a wrapped bNEO asset that distributes NEP token rewards. The bridge changed into as soon as designed as a alternative to Poly Network for transferring assets between Neo N3 and supported EVM networks. On the time of press, the bridge connects Neo N3 to Polygon and Ethereum.
Principal adore the NEO and bNEO tokens, ftwNEO passively distributes token rewards to holders. On the opposite hand, not like the recent asset or other Neo-basically based mostly wrappers, ftwNEO yields NEP tokens pretty than GAS. As soon as NEO is migrated from Neo to the Ethereum or Polygon blockchain as ftwNEO, the token holder receives NEP tokens on the recede spot EVM-basically based mostly chain.
The total announcement can even be discovered on the Forthewin Network Discord server:
https://discord.com/channels/927982854187659375/966736913388175472/1261612376138973225
