Platypus Finance creates compensation portal for customers following $9.1M exploit

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 witness how significant the platform owes them following the new $9.1 million exploit.

On Feb. 16, the DeFi protocol suffered a flash mortgage assault, pushing the Platypus USD (USP) stablecoin to interrupt its peg with the U.S. greenback. At the time, Platypus confirmed a loss of spherical $8.5 million from its vital pool. The company moreover stated they contacted the hacker to barter a bounty. A post-mortem memoir from Platypus auditor Omniscia current that the assault changed into imaginable attributable to code within the inappropriate characterize.

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