Entangle Announcements
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Universal Data Feeds opens an ocean of possibilities.

Now, Manta Network, Somnia Network and Clearpool Ozean testnet receive the industries fastest decentralized data at lightning speed with unmatched accuracy.

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Beneath the Surface: How Manta & UTS Unlock Hidden Depths of Web3.

Manta Pacific is now live on Entangle’s Universal Token Standard (UTS). Discover the flow of true omnichain interoperability below.

πŸ‘‰ Blog

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UIP, UDF, UTS - the three core pillars that form $NGL's foundation.

And $NGL carries the weight of Entangle’s ecosystem on its broad shoulders, powering the next generation of omnichain infrastructure and infinitely scalable solutions across Web3 and beyond.

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We are currently experiencing issues with the NGL token.

Please bare with us, our team is currently investigating the problem and doing all means to resolve this.

We appreciate your patience and understanding during this time.
We have temporarily paused the Entangle bridge.

Please bare with us as we resolve this.
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We have identified the issue and taken steps to resolve it.

Our team is actively monitoring the situation to ensure stability.

A $250,000 loss is significant, but we can recover from this. Our long-term vision and infrastructure remain strong.

Please remain patient while we finalize all solutions.

We'll provide more updates soon.

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We are implementing an emergency pause on all NGL token transfers to prevent any further minting by the exploiter.

Our team is actively investigating the situation, and once resolved, we will proceed with burning the excess minted tokens.

This incident has not affected our infrastructure or the robustness of what we have built.

Please remain calm as we work through this.

Entangle Team,

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MESSAGE FROM CEO OF ENTANGLE

Entangle experienced a security breach today, we're still fully reviewing the situation, but the exploiter managed to extract 250k, which is in the process of being frozen and halted.

For context:
Bybit Hack: $1.5 billion stolen and affects felt still
Wormhole: $325M (took weeks to address
Ronin: $600m

Many larger scams and attacks in Web3 that were slower to address or much larger in scale.

Prior to this incident, Entangle reached a market capitalization of $2.7 billion and had no history of security breaches or anything malicious.

Additionally, we raised $65 million from the public on Solana, which remained untouched and we refunded.

All wallets associated with Entangle are transparent, with no large token movements or sales since TGE. The chain does not lie.

The exploit was promptly isolated and contained. And it relates to the NGL token only as that was built as a separate custom bridge contract. Remaining infrastructure, partner tokens and all else remains perfectly functional.

The situation is under control.

A comprehensive report and details on our next steps will be provided soon.

This is a good reminder that nobody is safe in this space, security is an issue we're actively solving in Web3 and it's becoming more apparent then ever.

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Entangle Announcements pinned Β«MESSAGE FROM CEO OF ENTANGLE Entangle experienced a security breach today, we're still fully reviewing the situation, but the exploiter managed to extract 250k, which is in the process of being frozen and halted. For context: Bybit Hack: $1.5 billion stolen…»
UPDATE

Our team has been working diligently through the weekend to assess and compile a comprehensive report on the recent exploit and related events.

- No Impact on Infrastructure – Our core systems remain fully operational and unaffected.

- Minimal Impact Overall – The event has not disrupted our broader ecosystem or long-term strategy.

- Roadmap Unchanged – Development and execution continue as planned, with all milestones on track.

We will share further details once our report is finalized.

Transparency and security remain our top priorities, and we appreciate your continued support.

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Security Incident Update – Full Report Available

Entangle is committed to full transparency regarding the unauthorized NGL minting event. After a thorough security audit, we have confirmed:

πŸ”Ή The incident was isolated to a single contract due to a compromised developer key.
πŸ”Ή Unauthorized access has been fully revoked, and the issue has been mitigated.
πŸ”Ή Entangle’s core technology, bridge, and other contracts remain secure.

πŸ“Œ What Happened?

An attacker exploited an admin key to mint 13.4 billion NGL on the TON network and bridged tokens to Ethereum. A portion was swapped for ETH, impacting token price. The remaining unauthorized NGL has been locked and is inaccessible to the attacker.

πŸ” Actions Taken

βœ… Token transfers were temporarily paused to prevent further impact.
βœ… A recovery plan is in place to restore NGL holders’ positions.
βœ… An internal audit of all contracts found no additional security risks.

πŸ“’ Next Steps for Holders

πŸ”Έ Total NGL supply will adjust to 843Bβ€”details to follow.
πŸ”Έ The attacker’s remaining $9K in NGL will be burned within 1-2 days.
πŸ”Έ Burns will be covered by Entangle’s infrastructure reserve, ensuring no losses for holders.
πŸ”Έ No dilution or inflationβ€”holders value remains unchanged.
πŸ”Έ A pre-attack snapshot will be used to compensate affected holders.
πŸ”Έ CEX platforms are being updated before finalizing burns to ensure a smooth execution.

We appreciate the patience and support of the Entangle community. A full security report is available for those who want technical details.

πŸ”— Full Report: Read here
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Entangle Announcements pinned Β«Security Incident Update – Full Report Available Entangle is committed to full transparency regarding the unauthorized NGL minting event. After a thorough security audit, we have confirmed: πŸ”Ή The incident was isolated to a single contract due to a compromised…»
πŸ’· Security Incident Update - CEX Form Available 🚨

If you held and currently hold NGL tokens on any centralized exchange before March 8, 2025, at 10:37:23 PM UTC (the time of the hack), you are eligible to be added to the waitlist.

Once the extra tokens are issued, you will receive enough additional NGL to restore your proportional share relative to the new total supply and mitigate any damages from the recent hack.

"What do I do next?"

Token operations will be unlocked once the supply adjustment and burns are complete.

We estimate that all necessary steps will be finalized by the end of this week.

For users who still hold NGL on centralized exchanges, the form is accessible on

πŸ–₯ Enter Form
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Security Incident Update - Tokens Burned 🚨

As we have promised in our Report, we burned the attacker’s remaining tokens, along with our Collector's fee collected for his initial bridge

Report: https://docs.google.com/document/d/15Ehqu3-of4H2msHgEgtBbNyGppq7OTDAqLqfWzqDTV4/edit?usp=sharing

Details of the Burn:
- The remaining tokens from the attacker - 12,733,260,639 $NGL
- Our fee collector’s fees for his initial bridge - 13,370,007 $NGL

Burn transaction: https://etherscan.io/tx/0x4f1d0c07ee939de67641f4f20de31a49cf1407e8c4f92aef3e27170c9fb18f50
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Security Incident Update - Tokens Burned and Snapshot Details 🚨

- We additionally burned 168M $NGL tokens that were gained during the hack: https://etherscan.io/tx/0xf47aa562f3e572699550ca432a92a08709605656599489c702b9b7e5fe9e7e2a

- We are slowly turning on the ETH network (will be announced once it's "unfrozen" back again) and we took a snapshot of the ETH Block number: 22005133 πŸ•΅οΈ

Important ❗️
- Appeal to all On-chain holders: This block number will be reflected as a reference for all airdrop allocations in the future. Every "self-custodial" holder (Metamask, Rabby, etc...), stakers (delegator - Hub), allocations in the TGE claim portal, etc... are eligible for complete 1000x compensation if your holdings were found in Block Number 22005133.

- Appeal to all CEX holders: please visit https://airdrop.entangle.fi/ and fill out the form if you were holding tokens before the hack on confirmed CEXes.

- Block Number 22005133: https://etherscan.io/block/22005133
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# Security Incident Update - ETH Relaunched.

- Ethereum transfers are now back and running smoothly.

- We’re working with Exchanges to bring back deposits/withdrawals.

- The NGL bridge remains frozen for the time being, but it will be open very shortly.

More updates to come…
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$NGL is now $NTGL. We've updated the Entangle ticker name to better reflect our ecosystem and align with future developments.

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New ticker, same foundation. Stronger than ever. πŸ”₯

https://x.com/Entanglefi/status/1900527700064055762
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$NTGL Airdrop Claim Model Explained

As promised in our Report, holders/stakers that held our tokens before the attack are now eligible for the full 1000x compensation of newly renamed $NTGL tokens. Let's take a look:

Why is this?

- Due to recent events, our Total Supply will be changed from 843M to 843B. The Airdrop Claim Model will "compensate" the mentioned Total Supply change.

When will $NTGL tokens be available to claim? πŸ†

- The Claim of the Airdrop will be stretched over 3 months, starting April 1st and ending July 1st

How much can I claim? πŸ€”
- Unfortunately, you won't be able to claim everything on April 1st! The claim amount will progressively increase over the time of 3 months, following the parabolic curve (read as: daily unlock amount will drastically raise in the second part of the claiming period). You'll have to wait until the end to get the full amount... but here's a catch:

What happens at the end of the Claiming Period? πŸ’£
- At the end of the period, all unclaimed allocations will automatically be transitioned into Reward Zone. A zone of 33B staking rewards that will reward all members who trust the team and believe in long-term success. The Staking Reward Zone will extend over 12 months. The longer your unclaimed amount stays in the claim portal, the higher the reward.

I can not wait. Can I claim tokens before July 1st? πŸ”₯
- If you want to claim early (before July 1st), the remaining amount will get burned

β€œI still do not understand...” πŸ˜΅β€πŸ’«

- Let's explain it with the help of our Webby
Webby had 350 $NTGL tokens before the attack and is now eligible for a claim of 999x parts of his initial allocation. His total allocation in the Airdrop Claim Portal is now equal to 349,650(350 x 999) $NTGL tokens, in total: 350,000. If Webby wants to claim right away (April 1st), then he'll only receive an additional 9 parts of 999 parts in total (Webby can therefore claim an additional 3,150 tokens (3,500 in total - 10x) The rest (346,500), unfortunately, gets burned. If Webby wants to claim a bit alter, for example, on May 15th, he'll receive progressively more compared to days before. Webby can also wait until the end of the Claim Period (July 1st) and claim his full 1000x allocation without any "burned" tokens. If Webby's allocation remains untouched after the end of the Claim Period, he enters the Reward Zone and earns some juicy extra tokens on top of his full 1000x allocation.

For further updates and news

Head to: https://airdrop.entangle.fi
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New Supply Minted πŸ‘¨β€πŸ”§
Per the snapshot from March 8, the total supply will increase today.

The minting will occur on the multi-sig wallet address: 0x01fE3d1fdc803bfA088fD43a13D0Fa01f37B1473

By April 1 (the start of vesting), these tokens will be transferred to the airdrop contract and other pre-existing vesting contracts.

The claim rules will be the same for both the airdrop and vesting contracts β€” if the claim is made before July 1, a proportional portion of the tokens will be burned (check previous announcement).

So, what to do now? πŸ€”
- Once again, all CEX holders need to fill out the form if they have held tokens before the attack.
- All other eligible members need to wait until April 1st when they'll be able to claim their tokens (check previous announcement)

- We'll make many optic changes in the upcoming weeks: The first of many is our new ticker which was changed to $NTGL πŸ”₯

β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”

Update - Mint Transaction: https://etherscan.io/tx/0xdbca37103221f72f14a1fee915088219f443f02d8e81cc33ba2db0cb562da21a
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Technology moves fast, but adoption takes time. Entangle’s UTS changes that. It delivers instant liquidity and seamless omnichain accessibility to millions of users across all chains.

Launch, expand, and supercharge your tokens today with UTS.

πŸ’· Launch your Token

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