Argo Bridge Halted Temporarily Amid Suspicious Transactions

IconCryptoNewsTerminal Staff21 May, 2024

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Argo Bridge Halted Temporarily Amid Suspicious Transactions

Argo (AERGO) has announced that 7.7 million AERGO tokens were withdrawn through the Argo Bridge, clarifying that this was a normal transaction, not a hacking attack. However, the bridge service was temporarily suspended due to an unusually high volume of transactions. The company added that it is conducting a comprehensive review of all systems and will resume service once the review is completed. Earlier, Coinnis reported that the Argo Bridge service was temporarily suspended due to unusual activity. This situation highlights the importance of vigilance and robust security measures in the realm of cryptocurrency transactions. Users are advised to remain cautious and to utilize reputable platforms and services to ensure the safety of their digital assets.