SFUND token suffered a dramatic decline following a cross-chain bridge hack, with an investigation now underway to identify the hackers and recover stolen funds.
The SFUND token faced a severe price drop after a cross-chain bridge exploit drained liquidity pools. Seedify confirmed that investigations are underway, with ongoing efforts to identify the perpetrators. SFUND's value decreased sharply, dropping by over 50%. PeckShield, which warned against using SFUND bridges, is assisting in the recovery process.