Platypus

Platypus Finance Hackers Cleared of All Charges on ‘Ethical Hacker’ Defense

Platypus Finance Hackers Cleared of All Charges on ‘Ethical Hacker’ Defense

Leave a Comment / Finance, Platypus /

The individuals accused of orchestrating the $8.5 million hack of Platypus Finance, an Automated Market Maker (AMM) protocol on Avalanche in February 2023, have been cleared of criminal charges by a French court, according to Le Monde. The defendants, identified as Mohammed and his brother Benamar M., were arrested approximately one week after attacking the […]

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DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here’s What Happened

DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here’s What Happened

Leave a Comment / Platypus, Protocol /

Source: Adobe / Roman Samokhin Decentralized finance (DeFi) protocol Platypus Finance has fallen victim to a security breach resulting in the loss of over $2 million. In a recent blog post on X (formerly Twitter), security firm PeckShield noted that the Avalanche-based project has been exploited. Following the alert, Platypus Finance confirmed that there had been suspicious activities in

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