Iron Fish Warns of wIRON Minting Anomalies on Base, Suspends Purchasing and Cross-Chain Operations
Iron Fish stated that the team is investigating the anomalous issuance of wIRON on the Base network and has requested cross-chain bridge provider ChainPort to conduct an emergency review. Until further notice, users should avoid purchasing wIRON on Base or using related cross-chain bridges. Iron Fish warned that wIRON currently cannot be guaranteed to be 1:1 fully backed by assets, and stated that further updates will be released after verifying additional details.