Sophon Sets Withdrawal Deadline Ahead of Mainnet Shutdown

user avatar

by Maya Lundqvist

an hour ago

Made with AI


Sophon has issued a critical warning to its users regarding the impending shutdown of its standalone blockchain. According to the official information, with the deadline set for November 25, users are urged to take immediate action to secure their assets.

Sophon Shifts Strategic Focus

The announcement comes as Sophon shifts its strategic focus from maintaining its own blockchain to developing consumer applications on the Base platform. This transition marks a significant change in the project's direction, prompting users to act swiftly to avoid potential losses.

Important User Advisory

Users are advised to check the latest official communications for detailed instructions and to verify the status of individual bridges and applications. Ensuring that assets are withdrawn before the services go offline is crucial for safeguarding investments during this transition period.

In light of Sophon's recent warning about its blockchain shutdown, it's important to note that Optimism previously addressed a critical vulnerability in its system before any exploitation occurred. For more details, see the full report on the vulnerability.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Plex Media Server Vulnerabilities Exploited for Cryptojacking

Attackers are exploiting vulnerabilities in Plex Media Server to install unauthorized cryptocurrency miners and a Linux proxy backdoor.

user avatarTomas Novak

Super League Shareholders Approve Metaplanets Bitcoin Treasury Proposal

Super League shareholders approved a proposal for Metaplanets to contribute 2,100 BTC and $25 million to a new US-listed Bitcoin treasury platform.

user avatarKaterina Papadopoulou

Large Hyperliquid Trader Rebuilds Ethereum Short After Significant Losses

A trader on Hyperliquid rebuilt a substantial Ethereum short position worth approximately $16 million after incurring losses of around $469,000.

user avatarLeo van der Veen

Tron Surpasses Ethereum and Solana in Blockchain Fee Revenue

Tron has generated approximately $234 million in chain revenue over the past 30 days, surpassing Ethereum and Solana.

user avatarLi Weicheng

New Reporting Requirements Proposed for Crypto Holders in France

A proposed amendment would require crypto holders to declare self-custodied assets worth over €100,000, with penalties for non-compliance.

user avatarTenzin Dorje

AnchorWatch Launches Bitcoin Custody Service in Nevada

AnchorWatch Trust Company has launched a Bitcoin custody service in Nevada, providing key control options and optional insurance.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.