Linear Finance: The protocol is undergoing maintenance, and users' LINA assets are secure

ChainCatcher news, the DeFi synthetic asset protocol Linear Finance announced that the protocol has been closed and is undergoing maintenance to recover from the damage caused by the attack on September 21. User LINA assets are safe.

ChainCatcher previously reported that the DeFi synthetic asset protocol Linear Finance stated that the Linear stablecoin LUSD is suspected to have encountered a vulnerability attack. During the team's investigation, please do not purchase LUSD and do not trade LUSD. Liquidation has been suspended, and user accounts will not face any risks. Further updates will follow.