The Serenity Shield team said it is “actively working” to redeploy all liquidity to new token contracts and will replace any liquidity from the exploit.
The token behind Serenity Shield, a self-described “crypto inheritance” solution, fell nearly 99% after around 6.9 million SERSH tokens worth $5.6 million at the time were swiped from one of the team’s MetaMask wallets.
Serenity Shield confirmed the exploit in a Feb. 27 X post and informed its community it was suspending all trades, deposits and withdrawals of SERSH on centralized exchanges.
SERSH would relaunch with a new token contract, the project said without disclosing a timeline.
