Cointelegraph interviewed Velvet Capital’s CEO on the challenges dealing with DeFi and the important thing boundaries it wants to beat to go Cosmos-based Umee and Osmosis merge to create “DeFi Hub,” the place Umee’s UX Chain code can be…
Platypus
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Bitcoin NewsNews
Platypus hacker walks free with $8.5M after claiming to be ‘moral hacker’
by Jeremyby JeremyOn 16, hackers managed to drain and transfer million from Platypus via a flash mortgage assault, forcing the protocol to droop buying and selling companies till a decision was Preliminary investigations recognized Mohammed because the perpetrator,…
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Bitcoin NewsNews
Busy week for Uniswap, and Platypus recovers 90% of hacked funds: Finance Redefined
by Jeremyby JeremyThe previous week in DeFi was dominated by developments within the well-liked decentralized trade platform Uniswap after it introduced a swap payment beginning on 17, and an open-source hook on Uniswap generated controversy attributable to Know Your Buyer…
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In response to the October 17 announcement, builders stated the protocol’s internet loss was restricted to “18,000 Avalanche,” price $167,400 on the time of Because the hacker voluntarily returned the funds, Platypus Finance acknowledged it “will assure that no…
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In response to the blockchain safety platform CertiK, the DeFi platform suffered three assaults, with million taken in whole throughout the On 12, the primary assault happened, taking million from the A second assault occurred…
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Altcoin NewsNews
Platypus Finance supplies restoration estimates after flash mortgage assault
by Jeremyby JeremyAdvert The DeFi platform was initially attacked on 16 when attackers used flash loans on the Avalanche blockchain to use the undertaking for $9 undertaking mentioned that consumer claims ought to start in managed to straight recuperate…
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Bitcoin NewsNews
French police arrest 2 individuals in connection to Platypus assault
by Jeremyby JeremyInvestigations resulting in the arrests had been supported by on-chain sleuth ZachXBT and crypto trade Binance, mentioned The decentralized protocol was compromised in three separate flash mortgage assaults carried out by the identical exploiter on #PoliceNationale met…
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Bitcoin NewsNews
Platypus reveals compensation plan for customers’ funds after assault
by Jeremyby JeremyIn a Medium submit on 23, the corporate revealed {that a} logic error within the USP solvency test mechanism inside the collateral-holding contract was answerable for the three separate assaults carried out by the identical Stableswap’s operations haven’t…
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