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Origin Protocol begins accepting compensation claims following $7M exploit
Co-founder Josh Fraser said he hopes the compensation plan will help build trust among users as the project moves forward.
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Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders
The Origin Protocol team has unveiled a compensation plan for its depositors who were adversely affected by the flash loan attack in November. According to the team, there is now a plan to provide compensation equal to 100% of the value deposited to OUSD at the time of the exploit. Two Compensation Plans Still, the […]
The post Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders appeared first on Bitcoin News.
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Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI
Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 million of the stablecoin DAI over the weekend, as the defi industry appears to be turning into a hackers paradise. Pickle’s native token (PICKLE) plunged 62% on the news, falling from $23.27 to $8.70 when the hack was first reported on Nov. 21. At the […]
The post Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI appeared first on Bitcoin News.
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