CORE transfers halted on exchanges as Core DAO prepares emergency fork
first published 2026-09-02T04:15:34Z
Core DAO said it contained an incident where a small number of validators earned more CORE rewards than intended. The network will execute a forward hard fork without rolling back the chain or reversing confirmed transactions, while several exchanges restricted CORE transfers during the event. Core said user assets remained safe and it will publish a technical postmortem, but it has not disclosed the amount of excess CORE issued or the cause of the issue.
AI Analysis
The story reports an incident involving excess rewards, a network hard fork, and transfer restrictions at multiple exchanges, which can affect short-term trading conditions. It also states user assets remained safe and no rollback is planned, limiting the downside.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
