SagaEVM Halts Chain After $7 Million Crypto Exploit on January 21, 2026

On January 21, 2026, the SagaEVM chain was halted following a security incident that led to roughly $7 million in stolen crypto assets. The attackers moved funds in USDC, yUSD, tBTC, and ETH to the Ethereum address 0x2044…6ecb, prompting emergency measures. Operations on SagaEVM were suspended at block height 6,593,800 while the team works with platforms to restrict the compromised address.