Odaily News mETH Protocol, a liquidity pledge/re-pledge protocol under Mantle, which has a deep binding relationship with Bybit, said that it has learned of the recent security incident involving certain mETH and cmETH transactions on Bybit, including a withdrawal request of 15,000 cmETH. In order to support the ongoing investigation, cmETH withdrawals on the platform have been suspended, and deposit and pledge services are proceeding as usual.
User funds on the mETH Protocol remain safe and unaffected, the protocol remains protected by the highest security standards, and the community will be notified immediately once withdrawals are resumed.