CryptoPlatypus: Approximately 50,000 sAVAX and 7,000 AVAX successfully recovered.

Platypus: Approximately 50,000 sAVAX and 7,000 AVAX successfully recovered.

Author: Andrew

Stablecoin protocol Platypus posted an update on its Identify and correct vulnerabilities. Platypus will not restart the pool until these issues are completely resolved and security measures are strengthened.

As previously reported, Platypus was attacked on October 12, resulting in a loss of approximately US$2.2 million in the sAVAX-AVAX pool.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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