TAC Network Offline Over 10 Days After Exploit

CryptoSlate reports that TAC has been offline for more than 10 days after an exploit drained 2.99B TAC from its bonded staking pool. The Foundation will replace 1.26B TAC from treasury reserves. Another 1.66B attacker-linked TAC sitting on BNB Chain still has no final treatment. The source summary adds that the network halt continues after the exploit drained 28.6 percent of supply, leaving the 1.66 billion portion unresolved.