Platypus reveals compensation plan for users' funds after attack
DeFi protocol Platypus seeks to return nearly 78% of the main pool funds by reminting frozen stablecoins.
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Platypus to work on compensation plan after $8.5M attack
According to the DeFi protocol, different parties are currently involved in the funds' recovery process, including legal enforcement officials.
A Botched Heist: A Look At The Sloppy $8.5M Hack On Platypus Protocol
Avalanche-based Platypus Protocol, an AMM that was less than two weeks into launching it’s new stablecoin USP, suffered an $8.5M flash loan attack on Thursday. There’s plenty to talk about recently about stablecoins, but this story isn’t about regula...
Platypus attack exploited incorrect ordering of code, auditor claims
The misordered lines caused a solvency check to be performed before the user’s amount, factor, and rewardDebt had been set to zero