PinGo to Upgrade Contracts After TON-Related Security Incident

PinGo said a recent security incident was linked to TON blockchain's asynchronous execution mechanism. According to ChainCatcher, the TON network DePIN project will upgrade its contracts to improve protocol security and reduce the risk of similar issues. PinGo also said it is communicating with ecosystem partners and exchanges to restore $PINGO deposit services as soon as possible. The team said it will continue to disclose progress after the contract upgrade and required security checks are completed.