Search results for "BAD"
Today
09:47

Fluid Suspends USR Market Trading Due to Resolv Hack Incident, Commits to Full Compensation for Potential Bad Debts

Gate News reported that on March 22, DeFi protocol Fluid released an announcement stating that it learned of the Resolv hacker incident. Fluid's automatic credit limit mechanism prevented excessive borrowing of funds, and the USR market has been suspended from trading with the situation under control. Fluid stated that if there are any bad debts remaining on the protocol, all user losses will be fully compensated. User funds and protocol security are Fluid's top priorities, and a comprehensive review is currently underway. A detailed post-mortem analysis report will be released after the investigation concludes.
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FLUID-18,6%
01:38

dLEND Under dTRINITY Suffers First Deposit Inflation Attack on Ethereum, Resulting in Approximately $257,000 in Bad Debt

dTRINITY suffered a first deposit inflation attack by dLEND on March 17, resulting in $257,000 in bad debt. The protocol has been suspended, and the team has committed to fully covering losses with internal funds. Bad debt repayment will begin within 24 hours after the announcement. Other deployments remain unaffected, and user funds are safe.
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ETH-3,26%
01:20

The approximately $27 million liquidation event in Aave was caused by a CAPO oracle configuration issue.

Chaos Labs analysis indicates that the recent $27 million liquidation event of Aave was caused by a CAPO risk oracle configuration issue, leading to exchange rate calculation errors. Inconsistent smart contract parameters caused the liquidation to occur, but the protocol did not incur bad debt. The Aave treasury will cover the remaining losses, and it is expected that DAO compensation will not exceed 345 ETH.
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AAVE-4,09%
ETH-3,26%
11:04

Tom Lee: The market may be in the process of bottoming out, with overall performance significantly better than expected

Ethereum Treasury Company Chairman Tom Lee told CNBC that despite bad news in the market, performance has exceeded expectations and a bottom is being formed. He believes March is the bottom formation period, and the decline in software and crypto assets is nearing an end. Investors should remain patient and seize opportunities.
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ETH-3,26%