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The security company BlockSec helped Platypus recover $2.4 million in stolen funds

2023-02-18 11:19:56

ChainCatcher news, according to The Block, after the Avalanche ecosystem StableSwap project Platypus was hacked, at least $2.4 million in funds have been recovered with the help of blockchain security company BlockSec. BlockBeats previously reported that Platypus stated on February 17 that its native stablecoin USP suffered a flash loan attack, where the attacker used a flash loan to exploit a logical error in the USP repayment capability check mechanism within the contract holding collateral. The main pool lost a total of $8.5 million. (Source link)

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