b14g Network Staking Contract Hit by Unauthorized Withdrawals, CORE Token Falls 8%

AI Market Summary
Unauthorized withdrawals from b14g_network staking contracts triggered an 8% drop in CORE and forced a staking freeze. The incident underscores smart-contract and custody risk, weighing on near-term confidence in CORE and similar staking-linked DeFi assets while the protocol contains the breach.
Impact level
● Medium
Affected assets
CORE/USDT-10.12%
AI Insight · CORE/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
b14g Network reported unauthorized withdrawals from its staking contract, sending the CORE token down 8%. The protocol said it identified the issue quickly and froze the affected staking contracts. No further details on the amount lost were disclosed.