On April 9, security firms detected unusual activities in the DeFi platform’s smart contract aggregating trade liquidity. A few hours later, a $3.3 million exploit was reported. Jared Grey, the head developer of the decentralized exchange, asked its users to revoke the permissions they granted to the platform. The developer also said they could recover some of the funds through a “whitehat security process.”
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Source: Cryptocurrency - investing.com
