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Switchboard Halts Oracle Services on Aptos, Sui, Iota and Movement Amid Suspected Move-Language Security Incident

AI Market Summary
Switchboard has paused its Move-language oracle deployments across Aptos, Sui, Iota, and Movement after reports of a potential network compromise, creating immediate oracle availability and data-integrity risk for dependent dApps. While Solana is reportedly unaffected, the recommendation to temporarily migrate to alternative oracle solutions signals elevated operational uncertainty. Short-term impact is likely concentrated in Move-ecosystem activity and DeFi risk controls until the investigation concludes.
Impact level
● Medium
Affected assets
SUI/USDT+0.71%
AI Insight · SUI/USDTAI Insight
▼ Bearish
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Switchboard said late Thursday that it is investigating reports of a potential security compromise affecting its Move-language deployment. The decentralized oracle protocol said contributors are working with ecosystem teams and security partners and have suspended Switchboard operations on Aptos, Sui, Iota and Movement. The project added that it has not seen comparable compromise reports tied to its Solana implementation. Still, it urged users to temporarily migrate to alternative oracle solutions as a precaution while the investigation continues. Switchboard said additional updates will be provided soon.
Selected
APT
APT+0.74%
SUI
SUI+0.66%
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