Injective (INJ) announced via its official X account that the blockchain was an upgrade, not a shutdown, and that INJ assets, user funds, and staking funds are safe. Injective explained, "The decrease in staking volume is due to validator upgrade delays," and added, "The Injective blockchain and INJ remained secure throughout the upgrade process. The underlying protocol and consensus mechanism were not compromised, and the chain continued to process transactions." It further emphasized, "This upgrade followed a vulnerability attack that affected a small number of ecosystem applications operating binary options markets. The attack was limited to those specific applications and did not exploit the Injective blockchain, protocol, native assets, or consensus mechanism. The relevant attack vector has already been blocked and patched. Reports describing this as an Injective blockchain vulnerability attack or shutdown are factually incorrect."
