thetanuts

DeFi structured protocol Thetanuts Finance issued a statement in response to the security incident involving its Vault. Preliminary investigations indicate that the relevant Vault is an old version contract that was deprecated and migrated years ago, and it is not associated with any currently running contracts or products. Further details are still under investigation, and a complete post-incident analysis report will be released once more information is available.Earlier reports suggested that Thetanuts Finance may have suffered an attack, with preliminary estimates of losses around $2.1 million.

DeFi structured protocol Thetanuts Finance issued a statement in response to the security incident involving its Vault. Preliminary investigations indicate that the related Vault is an old version of the contract that was deprecated and migrated years ago, and it is not associated with any currently running contracts or products. Further details are still under investigation, and a complete post-incident analysis report will be released once more information is obtained.Previously, it was reported that Thetanuts Finance allegedly suffered an attack, with preliminary estimates of losses around 2.1 million USD.

According to PeckShield, the structured product protocol ThetanutsFi was attacked, resulting in a loss of approximately $2.1 million, of which about $2 million in option tokens have been recovered by a white hat address.The attacker has exchanged $105,000 USDC for about 60 ETH and still holds option tokens worth approximately $34,000 USDC.

ChainCatcher message, multi-chain structured product protocol Thetanuts Finance officially announced that it is expected to launch Thetanuts Finance v3 upgrade in the fourth quarter of 2023. Thetanuts Finance will become a decentralized on-chain options protocol, allowing users to go long or short on on-chain options. The v3 architecture of Thetanuts Finance will utilize existing core vaults, AMM, and lending markets.According to the data platform RootData, Thetanuts Finance completed a $17 million financing round led by Polychain Capital and others in April this year.

ChainCatcher news, multi-chain structured product protocol Thetanuts Finance has completed a $17 million financing round, led by Polychain Capital, Hyperchain Capital, and Magnus Capital. The new funds will help the company establish new partnerships with public chains and Layer 2 networks, liquidity providers, blockchain foundations, market makers, and trading platforms. (source link)