SCV Security

We look forward to working closely with the teams at @CanaryFunds and @NasdaqExchange to bring the most innovative onchain financial infrastructure to the world. A major milestone in our journey towards mass adoption begins today with $INJC: the first official Staked $INJ ETF.

OFFICIAL STATEMENT FROM INJECTIVE Yesterday, Injective contributors coordinated an accelerated network upgrade that took longer than initially expected to complete across all validators and ecosystem infrastructure. The Injective blockchain and INJ remained secure throughout the process. The underlying protocol and consensus were not compromised, user and staked funds remain safe, and the chain continued processing transactions. Given the accelerated nature of the upgrade, some validators were temporarily jailed after being unable to upgrade within the required window, resulting in a temporary decline in displayed network stake. Some exchanges also temporarily disabled deposits and withdrawals while updating their nodes. No staked injective-protocol:native were lost or at risk, and we are working directly with validators and exchanges as they complete the upgrade process. The accelerated upgrade followed an exploit affecting a small number of ecosystem applications operating binary options markets. The incident was isolated to those applications and did not exploit the Injective blockchain, protocol, native assets or consensus. The relevant attack vector has since been contained and patched. Reports characterizing this as an exploit or halt of the Injective blockchain are inaccurate. The chain was upgraded, not halted, and the underlying network remained secure throughout. We are now implementing enhanced invariants, real-time monitoring systems and additional safeguards designed to identify anomalous activity earlier and help prevent similar incidents. As attack techniques become increasingly sophisticated, including through advances in AI, Injective will work closely with ecosystem developers to continually raise security standards across the network. Injective continues to operate at scale, processing billions of transactions, onboarding thousands of new onchain users and supporting billions of dollars in tokenized asset activity. That positive trajectory will only accelerate moving forward. Injective is secure, fully operational and more resilient than ever. We will continue raising the bar for security across both the protocol and the broader ecosystem. The best days for Injective are ahead. Onwards and upwards.

🚨 BREAKING: Injective is now an official SEC-registered transfer agent! With this move, Injective becomes the first layer 1 blockchain to possess the RWA infrastructure and regulatory readiness needed to accelerate tokenization to new heights. Injective has rapidly expanded its tokenization efforts in recent months. Markets for digital asset treasuries, equities, and shares in pre-IPO companies such as SpaceX and OpenAI have also launched on Injective. In July, Injective expanded into enterprise trade finance. POSCO International, South Korea’s largest trading company, and LG CNS, the technology arm of LG Group, selected Injective for an exclusive live pilot that issues, transfers, administers, and settles trade receivables generated through international commerce. Institutional funds. Public equities. Private company shares. Enterprise receivables. Four different asset classes. One network. All live. The transfer agent registration now sits beneath them as the regulated recordkeeping layer that American markets require. The full stack for onchain capital markets is here. Only on Injective.

Injective and Microsoft have teamed up to launch the biggest developer program in Asia that seeks to onboard new builders creating novel products in the intersection of crypto and AI 🛠️