Foresight News
Foresight News|Oct 28, 2026 02:53
[Iron Fish: Investigating Abnormal wIRON Issuance on Base, Unable to Guarantee Full 1:1 Backing] According to Foresight News, Iron Fish stated that it is investigating abnormal wIRON issuance on the Base chain and has requested an urgent review from ChainPort. Iron Fish advises users to avoid purchasing wIRON on the Base chain or using this cross-chain bridge until further notice, as it cannot currently guarantee that wIRON will receive full 1:1 asset backing. The team will release further information after confirming the facts. Previously, Foresight News reported that Base acquired the Iron Fish development team in March 2025 to develop privacy primitives for Base; the specific acquisition amount was not disclosed.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads