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Sturdy stablecoin market reopens three days after $800K exploit

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The lending protocol that recently suffered an exploit due to a faulty price oracle has reopened its stablecoin market, allowing users to access their funds.

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

 

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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.

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