Tag: Platypus
Code Is Not (Always) Law
Key to this egalitarian standard has been the idea that the code is the code, and that is what matters most. Judges, regulators and politicians may tr [...]
Attackers Behind $9M Platypus DeFi Exploit Acquitted by French Court: Report
The court found that the exploiters acted in good faith, according to the report, after one of them – identified by Le Monde as Mohammed M – argued th [...]
Platypus hacker walks free with $8.5M after claiming to be ‘ethical hacker’
Two brothers, responsible for the theft of $8.5 million from decentralized finance (DeFi) protocol Platypus, were allowed to walk free with no repercu [...]
Busy week for Uniswap, and Platypus recovers 90% of hacked funds: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most signifi [...]
Platypus Finance recovers 90% of assets lost in exploit
Decentralized finance (DeFi) protocol Platypus Finance said it had recovered 90% of assets that were stolen in a security breach last week.According t [...]
Platypus DeFi loses $2.2M in another flash loan exploit
Decentralized finance (DeFi) protocol Platypus has lost over $2 million in assets after suffering another flash loan exploit on its platform. The prot [...]
Platypus Finance creates compensation portal for users following $9.1M exploit
Decentralized finance (DeFi) protocol Platypus Finance has created a portal that enables users to view how much the platform owes them following the r [...]
Authorities in France Arrest Duo Involved in Platypus 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 mil [...]
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 [...]
Platypus reveals compensation plan for users’ funds after attack
Decentralized finance (DeFi) protocol Platypus disclosed details of a recent $9.1 million exploit, alongside efforts to recover the funds, and a compe [...]
DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for the exploit last week.
www.coindesk.com [...]
Platypus to work on compensation plan after $8.5M attack
Decentralized finance (DeFi) firm Platypus is working on a compensation plan for user's losses after a flash loan attack drained nearly $8.5 million f [...]
Platypus attack exploited incorrect ordering of code, auditor claims
The $8m Platypus flash loan attack was made possible because of code that was in the wrong order, according to a post mortem report from Platypus audi [...]
How Solvency Check Error Led to USP Depegging on Avalanche Based Platypus Finance
Platypus Finance’s native stablecoin fell to 48 cents from $1 earlier on Friday following the attack.
www.coindesk.com [...]
Platypus DeFi faces flash loan attack, according to CertiK
Blockchain security firm CertiK reported on Feb. 16 that it has spotted a flash loan attack on Avalanche-based stableswap platform Platypus DeFi. The [...]