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MANTRA Chain stories

Aug 21, 2026

MANTRA token plunges 18% to record low as blockchain halts after exploit

MANTRA's native token fell 18.5% to an all-time low as MANTRA Chain stopped producing blocks and the team announced a precautionary halt due to an unexplained security incident.

Aug 21, 2026·2 sources
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MANTRA Chain halts network operations following unspecified security incident

MANTRA Chain, a Layer 1 blockchain focused on real-world asset tokenization, has frozen all transactions and halted network operations as a precautionary measure while investigating an unidentified incident. The MANTRA token fell approximately 9-10% following the announcement, and major exchange MEXC suspended deposits and withdrawals.

Aug 21, 2026·4 sources
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MANTRA blockchain halts after exploit, token plunges 18% to record low

MANTRA Chain, a Layer 1 blockchain focused on real-world asset tokenization, halted network operations following an unspecified security incident. The native token dropped 18.5% to an all-time low before partially recovering.

Aug 21, 2026·4 sources
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Top claims

  • ▪MANTRA underwent layoffs and corporate restructuring in January 2026 after CEO John Patrick Mullin described 2025 as the project's most challenging year.
  • ▪Restarting the MANTRA Chain blockchain requires coordination with the network's validators, who remained offline while developers prepared and tested the software fix.
  • ▪The MANTRA token plunged 18.5% from its 24-hour high of $0.005060 to an all-time low of $0.004126 around 11:10 p.m. UTC on Thursday, August 20, 2026.

Topics

Token launchesLayer 1sCrypto market volatilitySmart contractsCrypto exchangesReal World AssetsTokenizationCrypto hacksCrypto markets

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