Core DAO plans emergency hard fork after excess validator rewards

Core DAO is coordinating an emergency hard fork after validators claimed more CORE rewards than the blockchain intended to issue. Core said the incident was contained. Core said malicious validators could no longer draw excess rewards. Core said the upgrade will not roll back the network. Core said the upgrade will not reverse previously confirmed transactions. Core said a small number of validators had accrued rewards significantly above the protocol's intended issuance. Core said the incident was limited to reward issuance. Core said user assets remained safe. Coinbase paused CORE sends and receives on the Core network. Bithumb and Coinone suspended CORE deposits and withdrawals because of suspected or confirmed security concerns. Bitget suspended CORE deposits and withdrawals because of wallet maintenance. LBank suspended deposits because of what it described as the project's requirements. Core has not disclosed how much CORE was issued. Core has not disclosed how long the activity continued. Core has not disclosed whether any additional tokens entered circulation. Core has not explained the vulnerability that enabled the validators to obtain the rewards. Core said it would publish a technical postmortem.