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Upbit flags MultiversX EGLD for trading caution after mainnet exploit attempt halts network progress

Market News
21 Sep 2026
Crypto news
View Source
Bearish
Upbit flags MultiversX EGLD for trading caution after mainnet exploit attempt halts network progress

Upbit has placed MultiversX's EGLD token under trading caution following a confirmed attempt to exploit a virtual machine-level atomicity issue on the MultiversX mainnet, which caused invalid state changes and forced the network to pause progression. Deposits and withdrawals of EGLD remain suspended on Upbit, with withdrawals expected to resume before deposits. Other exchanges like Kraken and Bithumb have also restricted EGLD transfers amid the incident. Upbit will review the situation through October 19-23 to decide whether to continue supporting EGLD trading. MultiversX is working on a software fix and recovery plan, with a full incident report expected after investigation completion.

MultiversX's EGLD token has a market cap of Rp2,24 trillion and a 24-hour trading volume of Rp378,52 million on Pluang as of September 21, 2026, 16:03 WIB. Despite the recent mainnet exploit and trading caution from Upbit, EGLD's price on Pluang rose 13.09% in the last day, with 77% of order activity being buy orders. The typical hold time for EGLD investors on Pluang is 84 days, indicating a medium-term interest in the token.

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