On 9 November 2026 Injective stopped producing blocks. Figment’s status page says the Injective Foundation asked validators to pause the chain from 13:00 to 18:04 UTC, as a precaution against a possible attack, and that the validators were patched and the incident closed at 18:04. A Telegram administrator, as other outlets relayed the message, called the same stop a planned upgrade drill under a programme the project calls network readiness, ahead of a larger upgrade in the coming weeks. This page did not open that Telegram. The two explanations do not match. No loss figure was published with either of them. A pause is not a theft.
Injective is its own chain. What is Injective?. A block is the record that lets a transfer settle. While none are produced, a transfer on that chain does not finish. An exchange that holds the token for you can close its own door at the same time, which is a second lock on a balance you already could not move yourself. What is a crypto exchange balance?.
What happened
Bithumb froze INJ deposits and withdrawals because blocks had stopped, and its notice set a restart for 13:05 in Seoul on 10 November, which is 04:05 UTC. Upbit froze transfers for the same stated reason and later showed them open again. Spot trading on those venues stayed up. A trading screen that still moves is not a chain that is accepting transfers.
The chain’s own upgrades page lists a separate proposal, number 714, with a halt height still ahead of this outage. That proposal is a later scheduled stop, if it passes. It is not these five hours. An earlier halt, in late August, is a different week. This page will not describe it. Binance’s still-closed native INJ withdrawal is that exchange’s own recovery list, not this pause. Binance puts the hot-wallet loss near $6.3 billion.
Why it matters
If you held INJ on the chain, you could not move it while blocks were stopped. If you held it on Bithumb or Upbit, the deposit and withdrawal door closed even while spot trading stayed open. Those are different doors. If you held INJ somewhere that did not pause, this page did not spend that balance. Nobody who can tell you which explanation was true needs a recovery phrase. See How do you keep crypto safe?.
What happens next
Whether the foundation’s account and the Telegram account are ever the same sentence. Proposal 714, which is a later halt height and not a description of 9 November. Watch Injective’s own channels, and the exchange notices for the doors they actually reopen. We will not treat a patched validator set as a loss figure, and we will not pick the precaution over the drill, or the drill over the precaution, until the project publishes one account.
Not a recommendation to buy, sell, deposit, or withdraw INJ. Not a finding that funds were taken. Not a description of an attack. The public record on 9 November is a five-hour stop, two explanations, and no dollar amount.
