Decentralized finance (DeFi) protocol Platypus Finance has created a portal that enables users to view how much the platform owes them following the recent $9.1 million exploit. On Feb. 16, the DeFi p...
Tag: Platypus
TMS Network (TMSN) Could Initiate A Positive Shift In Trade, (FTM) Surges After Influx, Exploitation of Avalanche (AVAX)-Based Platypus
Advertisement     Experienced users know the perfect opportunity to key into a promising project is during its beginning stages to capitalize on its growth potential. ...
Platypus Finance provides recovery estimates after flash loan attack
Ad Platypus Finance has launched a portal that will allow users to see how much compensation they are owed, according to a post from the project on Feb. 28. The DeFi platform was originally attacked o...
French Police Arrest Duo Involved in Platypus Crypto Exploit
Of the $9 million in stolen assets, Platypus said it has recovered 2.4 million USDC and 687,000 BUSD; it has also worked with Tether to freeze 1.5 million USDT. French police seized approximately $220...
Two suspects have been arrested by the French police in connection with Platypus
According to the authorities in the area, the French police have made two arrests in connection with the 9.1 million euro cryptocurrency heist that was perpetrated by Platypus, and they have also repo...
France arrests a duo involved in Platypus attack, details inside
French police have arrested two people in connection with an attack on the decentralized finance (DeFi) protocol Platypus. Platypus stated that it has recovered 2.4 million USDC and 687,000 BUSD out o...
Platypus Exploiters Detained by French Police
French police confirmed in a tweet that two individuals suspected of being responsible for an attack on decentralized finance (DeFi) protocol Platypus were detained on Feb. 24. France’s Police Nationa...
French police arrest two suspects over Platypus Finance hack
Platypus Finance, a decentralized finance (DeFi) protocol for stablecoins, yesterday announced that french authorities had arrested and summoned two suspects who had reportedly exploited their platfor...
French police arrest 2 people in connection to Platypus attack
Two suspects have been arrested by the French police in connection with Platypus’ $9.1 million exploit, and 210,000 euros worth of cryptocurrency has been seized, according to the local authorit...
Platypus Finance says French police took suspected hackers into custody
Platypus Finance, a decentralized finance protocol on Avalanche, announced that the French National Police have arrested two people suspected of hacking its protocol. The project assisted French law e...
DeFi Protocol Platypus Announces Major Compensation after $9M Hack
DeFi protocol Platypus is in talks with Aave and stablecoin issuer Tether in order to recover the funds stolen from last week’s exploit. In a major announcement on Thursday, February 23, decentralized...
Platypus Finance to compensate users affected by exploit, more inside
Platypus Finance has laid out compensation plans for users affected by last week’s $9 million exploit. The platform will ensure a compensation of 63%, which may increase to 78% based on a governance v...
Platypus reveals compensation plan for users’ funds after attack
Decentralized finance (DeFi) protocol Platypus has disclosed the details of a recent $9.1 million exploit, alongside its efforts to recover the funds and a compensation plan for victims. In a Medium p...
Platypus Finance divulges its plans for recouping
Following the $9.1 million hack, Platypus Finance has sought advice from security professionals to address two of its primary concerns. The first is the ability to retrieve as much of the money as pos...
DeFi Protocol ‘Platypus’ De-pegged after Flash Loan Attack
On February 16, Platypus Finance, a decentralized finance (DeFi) application was affected by a flash loan attack. as per CertiK, a smart contract security firm. In a tweet, CertiK informed that the ha...
Platypus Needs To Find $8.5 Million For Its Customers, And Fast
Join Our Telegram channel to stay up to date on breaking news coverage Platypus is working on a plan to compensate the losses its users incurred following a flash loan attack that saw the decentralize...
Counterexploit Salvages Stolen Funds From Platypus Hacker
Platypus, a DeFi stablecoin swapping protocol on Avalanche, was exploited for $8.5 million on Thursday evening. The exploit occurred via a flashloan attack that took advantage of a flaw in its USP sol...
Platypus to work on compensation plan after $8.5M attack
Decentralized finance (DeFi) firm Platypus is working on a compensation plan for users’ losses after a flash loan attack drained nearly $8.5 million from the protocol, affecting its stablecoin dollar-...
USP Stablecoin Losses Dollar Peg Following $8.5 Million Attack On DeFi Protocol Platypus
Join Our Telegram channel to stay up to date on breaking news coverage USP, the stablecoin of DeFi protocol Platypus Finance has lost its peg to the dollar after an $8.5 million flash-loan exploit. ...
Platypus attack exploited incorrect ordering of code, auditor claims
Disclaimer: The article has been updated to reflect that Omniscia did not audit a version of the MasterPlatypusV4 contract. Instead, the company audited a version of the MasterPlatypusV1 contract from...
Platypus Protocol Loses $8.5M in Flash Loan Attack
Platypus, a decentralized finance (DeFi) protocol, was the victim of a flash loan attack worth $8.5 million. The stablecoin USP got depegged by 50% before recovering the peg. The DeFi protocol Aave de...
DeFi Protocol Platypus Compromised For $8.5M
The DeFi protocol Platypus has been the target of the latest flash loan attack, which has resulted in a loss of funds worth $8.5 million. Flash Loan Attack Results In Stablecoin Depeg The flash loan ...
Platypus salvages $2.4 million in hacked funds with BlockSec’s help
Published 50 minutes earlier on Published 2 hours and 50 minutes earlier on After the Platypus protocol was hacked yesterday, at least 2.4 million USDC was returned to the exploited platform with help...
DeFi protocol Platypus suffers $8.5M flash loan attack, suspect identified
A potential suspect has been identified over the $8.5 million attack on decentralized finance protocol Platypus, which saw $8.5 million drained from the protocol. Blockchain security firm CertiK first...
Platypus Finance hacked for $9M on Avalanche
Ad The DeFi application Platypus Finance has suffered a $9 million attack, according to a series of tweets from the blockchain security firm CertiK on Feb. 16. That report states that an attacker used...
On-Chain Sleuth Identifies $8 Million Platypus Hacker Within Hours
On-chain sleuth ZachXBT has apparently identified the attacker behind the exploit on Platypus. The attacker exploited the Platypus USD stablecoin to the tune of $8 million. ZachXBT and Platypus have c...
Flash loan exploit appears to be behind Platypus USD stablecoin attack
Platypus USD (USP) lost its dollar parity on Thursday following an apparent exploit that allowed a wallet to siphon off about $8.5 million from the token’s liquidity pools, just weeks after Plat...
Platypus Unveils Launch of Its Native Stablecoin (USP) to Boost Capital Efficiency
Advertisement     Avalanche-based AMM that facilitates seamless exchange between pegged assets, Platypus Finance, has announced the launch of its native stablecoin, US...
Platypus Launches Native Stablecoin USP
Hong Kong, Hong Kong, 13th December, 2022, Chainwire Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency f...
Achievements Of Avalanche From 2 Million Transactions To Platypus.
Recently Avalanche reported achieving an impressive milestone by crossing 2 million transactions. This achievement came by the weekend and is considered a recent all-time high number for the crypto to...
Platypus Finance Pioneers Unbiased NFT Minting On Avalanche
Hong Kong, Hong Kong, 17th June, 2022, Chainwire NFT owners and traders alike have had their woes about NFT minting: it’s not a fair mint to begin with. Most projects’ minting method is off-chain, mak...
Platypus Set To Release GameFi Edition and Yield Boosting NFT
Advertisement     Platypus, a single-sided AMM designed to exchange stable cryptocurrencies, has finally announced it will be launching its gamified interface in May 2...