Tag: Sturdy Finance

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Sturdy stablecoin market re-opens three days after $800K exploit

June 16, 2023

The DeFi protocol also offered the $100,000 bounty to anyone who can help bring an arrest or recover the funds. After recently suffering a recent exploit on its platform, decentralized finance (DeFi) protocol Sturdy Finance has reopened its stablecoin market. On June 16, the lending platform announced that it has unpaused the stablecoin market, allowing…
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Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack

June 12, 2023

Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET. 442 Ethereum Worth Over $766K Siphoned From Sturdy Protocol The defi community has experienced another hack, with…
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