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The protocol has acknowledged that the incident is attributed to an "issue with the newly established native USDC market on Arbitrum."

Big week for crypto investors as Fidelity’s spot Bitcoin exchange-traded fund marked a significant achievement. On the other hand, the CEO of JPMor...

In a recent court case that Le Monde reported, a French court cleared the people accused of planning the $8.5 million hack of Platypus Finance, an ...

French court clears hackers in $8.5M Platypus Finance hack, citing flawed smart contract as non-fraudulent.

Image Source: Pixabay A French court has acquitted the individuals accused of orchestrating the $8.5 million hack on Platypus Finance, an automated...

A French court cleared two brothers of criminal charges stemming from February’s $8.5 million Platypus Finance hack. Mohammed…

In November 2023, the crypto industry suffered its greatest monthly losses this year as hacks and frauds targeting decentralized finance (DeFi) and...

California Governor Gavin Newsom has approved the Digital Financial Assets Law, which will put in place a specific framework of operations for all ...

In the constantly evolving world of decentralized finance (DeFi), security breaches and flash loan attacks are unfortunately becoming a recurrent t...

Platypus Finance has decided not to pursue legal action in this matter, emphasizing a commitment to resolution rather than confrontation.