Iron Fish: Abnormal wIRON Minting on Base, Do Not Buy Tokens or Use Bridge for Now

October 28: Iron Fish posted on X that it is investigating abnormal wIRON minting on Base and has requested an emergency review by ChainPort. Iron Fish reminded users to avoid buying wIRON on Base or using the cross-chain bridge until further notice, and said it cannot guarantee full 1:1 backing. The team will release updates once the facts are confirmed.