Switchboard Suspends Networks on Aptos, Sui, Iota, and Movement

Decentralized oracle protocol Switchboard tweeted that late last night, reports emerged regarding a potential compromise of the Move-based implementation of the Switchboard network. Contributors have coordinated with relevant teams and security organizations to suspend the Switchboard network on Aptos, Sui, Iota, and Movement. While there have been no similar reports of a compromise in the Solana implementation, as a precaution, users are advised to at least temporarily migrate to alternative solutions as soon as possible while the issue is under investigation. Further details will be announced subsequently.