Iron Fish is investigating an irregular issuance of wIRON on the Base blockchain and has advised users to suspend its use.

Iron Fish is investigating unusual issuance of wIRON on the Base chain and has requested an urgent review from ChainPort. Iron Fish advises users to avoid purchasing wIRON on the Base chain or using this cross-chain bridge until further notice, as there is currently no guarantee that wIRON is adequately backed by 1:1 assets.