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DeFi lending protocol Ionic Protocol has announced it is ceasing operations; users are advised to withdraw their funds as soon as possible
svmuu.com18/06/2026 09:18
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Svmuu News: DeFi lending protocol Ionic Protocol announced in a post on X that, due to the continuing fallout from a security breach that occurred in 2025, the project has been forced to immediately cease all operations, and all users are urged to withdraw their assets from its various deployments as soon as possible. Ionic Protocol added that the decision to shut down was “unavoidable,” and that the relevant services are currently in the process of being terminated.
Source：Odaily · Source Link
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