ChainCatcher news, WOO X released its Q3 2024 quarterly summary, and WOO X launched the Social Trading Platform. The total amount of WOO tokens staked on WOOFi exceeds that on WOO X.In the third quarter, the platform's latency was reduced by nearly 20%, enhanced crypto asset custody capabilities through Fireblocks, and simplified the KYC process in collaboration with Sumsub. WOO X also innovatively introduced the "CounterTrading" feature, allowing users to directly reverse-follow the portfolios of top traders.As of the end of the third quarter, approximately 295 million WOO tokens were staked on WOO X, with another 313 million staked on WOOFi. Overall, this figure represents a 7.4% increase from the previous quarter, accounting for 33.4% of the circulating supply.Additionally, the WOO Innovation Hub has successfully established partnerships with twelve different tracks to develop and expand its ecosystem.

According to monitoring by PeckShield, the address marked as the WOOFi attacker has transferred 199.52 ETH (worth approximately $713,000) to a new address.Previously, it was reported that WOOFi discovered a WOOFi Swap vulnerability on Arbitrum on March 6, resulting in a loss of approximately $8.75 million in assets.

ChainCatcher message, Bitrace posted on platform X stating that WOOFi has suffered a malicious attack, with ETH worth $763,000 transferred to Ethereum address 0x9961, and ETH worth $7.74 million transferred to Arbitrum One address 0xb59d. Bitrace has already included these two addresses in fund monitoring, awaiting interception.

ChainCatcher news, the decentralized trading protocol WOOFi stated that a vulnerability in WOOFi Swap was discovered on Arbitrum this morning, which was subsequently controlled within 13 minutes. WOOFi then updated the contract and conducted additional audits, with WOOFi Pro, Stake, and Earn remaining unaffected and operating normally. WOOFi is in the process of recovering funds and is offering a 10% white hat bounty to the attacker.

ChainCatcher news, according to the official announcement, the Binance Web3 wallet will airdrop WOOFi (WOO) worth $100,000. During the event, users who complete the corresponding tasks using the Binance Web3 wallet will be eligible to share the prize pool. The event runs from January 23, 2024, 8:00 to February 6, 2024, 7:59.

ChainCatcher news, WOOFi posted on platform X that its 24H trading volume on Arbitrum exceeded $47 million, setting a new historical record.

ChainCatcher news, the decentralized trading protocol WOOFi announced on platform X that it will inject 200,000 ARB rewards into 4 WOOFi Earn vaults, namely ARB, ETH, USDC.e, and WBTC.

ChainCatcher news, WOOFi announced the incentive details of 1 million ARB, which are:· WOOFi Earn (200,000), allocated to various token vaults;· WOOFi Pro (200,000), used to incentivize traders;· WOOFi Stake (200,000), aimed at stakers;· WOOFi swaps (150,000), as fee compensation;· WOOFi cross-chain swaps (150,000);· WOOFI specific tasks (100,000).

ChainCatcher news, the centralized trading protocol WOOFi has officially been deployed to the zkSync Era mainnet.WOOFi is a decentralized trading protocol built by WOO Network, offering services such as swapping, Earn, and staking. (source link)