Realio Network, a Layer-1 platform built around real-world asset tokenization, shut down its webapp and halted its native chain on August 25 after attackers swept roughly 124.4 million RIO tokens from platform-controlled wallets and user accounts. The native chain was stopped at 10:38 UTC, following a directive from the lead developer during an active investigation. Webapp access was suspended alongside it, leaving users unable to interact with their funds while the team works on recovery. What actually happened The attack targeted signing capabilities on platform-controlled wallets tied to the realio.fund interface. From there, the attacker moved stolen assets across five networks: Ethereum, BNB Chain, Algorand, Stellar, and the Realio native chain itself. According to on-chain analysis published by realiostats.com, the vast majority of the drained tokens, roughly 113.7 million RIO, came from treasury and reserve holdings that were already excluded from circulating supply figures. Approximately 10.7 million RIO was pulled from user accounts, representing around 3.3% of the previously circulating supply. On the Realio native chain specifically, about 5.73 million RIO was taken from...
Realio Network halts webapp access after security breach drains 124 million RIO tokens
1 month ago
35
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