Exactly Protocol: The suspension of the protocol has been lifted, and no liquidation has occurred

2023-08-21 08:18:27
Collection

ChainCatcher message, Exactly Protocol tweeted that the protocol suspension has been lifted, and users can perform all operations without any liquidation occurring. The hacker attack only affected users utilizing the peripheral contract (DebtManager), while those not using it were unaffected, and the protocol is still operating normally. Regarding the hacker and fund recovery efforts, the team is working on multiple fronts, and the latest updates will be continuously announced and voted on through the DAO. Currently, the team is drafting a post-mortem report, which will be shared with the community in the coming days.

Previously, it was reported that Exactly Protocol suffered a cross-chain bridge attack, resulting in a loss of 7,106 ETH, approximately 12.04 million USD, and the team suspended the protocol to ensure user safety.

Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators