IMPORTANT: Security Update
Hello Community. In the last 72 hours a hacker managed to exploit a bug in the Morpheus.Network Ethereum token Smart Contract and proceeded to mint large quantities of our MORPH tokens.
The exploit has the potential to cause MORPH tokens to depreciate and because of this, the Morpheus development team is preparing and releasing a new version of its Morpheus.Network Ethereum Smart Contract.
We have requested that all exchange trading be paused and for MORPH token holders to halt trading.
https://medium.com/@themorpheus/important-security-update-3bb6dc27c318All tokens currently being traded have 0 value. Do not buy tokens as anyone can just create them from free because of a bug in the smart contract.
An unpleasant situation for token holders. The team promotes their project to the world level, but they made a critical mistake in the code..
Indeed an unpleasant situation for the token investors. Did they do an audit? A bug hunt? This is gonna leave everyone a bad taste.
and here they have a Token SWAP.
I have a question tho. What of the bounty hunters that were not yet paid? Do they get paid in MORPH or the new MRPH tokens?
This can confuse alot of people. I have been in their TG but no announcement has been made yet. I know you guys prioritize the Investors tho