Event record
Record sog_ev_cashio_shutdown_batch_k
Cashio ceases practical operation
The exploit and peg collapse ended practical issuance and redemption; later remediation proposals did not restore CASH as a functioning stablecoin.
- Date
- 2022-03-23
- Category
- Wind-down and termination
- Subtype
- Shutdown Effective
- Status effect
- Collapsed or failed
- Recovery
- Not applicableNot yet recorded
- Evidence
- 2 source records1 relations
Identity and classification
Overview
Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.| Date | 2022-03-23 |
|---|---|
| Public event category | Wind-down and termination |
| Canonical event subtype | Shutdown Effective |
| Structured detail kind | Termination |
| Stablecoin subjects | Cashio Dollar |
| Organization subjects | Cashio |
| Impact | Critical |
| Effect on stablecoin lifecycle | Collapsed or failed |
| Canonical status-effect value | Failed |
| Recovery or reversal | Not applicable |
| Recovery date | Not Applicable |
| Cause or mechanism | No functioning issuance or redemption system was restored after the exploit. |
| Structured detail coverage | Structured fields available below |
| Record confidence | High |
- Date
- 2022-03-23
- Public category
- Wind-down and termination
- Canonical subtype
- Shutdown Effective
- Structured detail kind
- Termination
- Impact
- Critical
- Status effect
- Collapsed or failed
- Recovery
- Not applicable
- Recovery date
- Not yet recorded
- Cause or mechanism
- No functioning issuance or redemption system was restored after the exploit.
- Record confidence
- High
Affected records
Subjects
Stablecoin and organization subjects remain separate record groups.Cashio Dollar
Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.
Cashio
Open the organization record for roles, relationships, events, evidence, and unknowns.
Typed record
Structured detail
Event-type-specific facts remain visible with explicit value states.| Termination detail — Summary | No functioning issuance or redemption system was restored after the exploit. |
|---|---|
| Termination detail — Status | Collapsed |
- Termination detail — Summary
- No functioning issuance or redemption system was restored after the exploit.
- Termination detail — Status
- Collapsed
Provenance
Evidence
Source identity, publisher, publication date, reliability, archive, and relation count remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Stablecoin Cashio Suffers Infinite Glitch Exploit, TVL Drops by $28M Published 2022-03-23 | CoinDesk | Independent news or analysis Canonical: News Article | Independent third-party source | Secondary source | Exploit Date, Infinite Mint, Peg Collapse, Security Incident | Archive index or wildcard | High |
| Cashio App Incident Analysis Published 2022-03-23 | CertiK | Research or security report Canonical: Security Analysis | Independent third-party source | Secondary source | Exploit Mechanism, Loss Estimate, Remediation, Security Incident | Archive index or wildcard | High |
Stablecoin Cashio Suffers Infinite Glitch Exploit, TVL Drops by $28M
- Publisher
- CoinDesk
- Published
- 2022-03-23
- Reliability
- High
- Relations
- 0
Cashio App Incident Analysis
- Publisher
- CertiK
- Published
- 2022-03-23
- Reliability
- High
- Relations
- 1
Maintenance