decentralized finance On June 16, the lending platform announced that it had unpaused the stablecoin market, allowing users to access their funds.
The DeFi protocol told its users that no funds were at risk and the decision to pause the market was simply done out of “an abundance of caution.”No funds in this market were ever at risk; the market was only paused out of an abundance of caution. As an additional safety measure, the bb-a-USD pool has been disabled
The DeFi protocol also offered a $100,000 bounty to the hacker who performed the exploit. According to the team, it will let the matter go if the attacker returns the rest of the funds to its crypto wallet.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »