The DeFi protocol Platypus Finance will reimburse users at least 63% of their funds after a $9 million hacking incident

ChainCatcher news, DeFi protocol Platypus Finance stated that after managing to recover a portion of the 9 million dollars lost from the protocol last week, it will refund users at least 63% of the funds.

It is reported that the protocol is also collaborating with the cryptocurrency exchange Binance to confirm the identity of the attacker. The hacker used a Binance account that made withdrawal requests through KYC. Platypus has stated that it has contacted law enforcement and filed a complaint in France.

ChainCatcher previously reported that last week, a hacker exploited a vulnerability in the platform's solvency check mechanism to steal 9.2 million dollars worth of digital assets. (Source link)