dYdX has newly deployed smart contract vulnerabilities

dYdX official said. At 5:21 UTC on November 27th, the team received a security warning about the vulnerability of the newly deployed smart contract.

Officials stated that there was no financial loss. All funds are safe. dYdX reminds at the same time. Users who have authorized platform deposit rights after November 24. The funds should be immediately withdrawn to the wallet on trade.dydx.exchange.

The white hat hacker samczsun has worked with the dYdX team. Saved funds that may be affected. As part of the White Hat recovery, all affected funds. Even those funds not deposited in dYdX have been transferred to the custodial smart contract. At present, these funds can only be withdrawn through the user’s wallet (which can be withdrawn at any time).

Read more about

Disclaimer

LockMeta endeavors to provide accurate and current information. However, due to the evolving nature of the crypto space and reliance on external sources, we cannot guarantee its complete accuracy. We advise users to conduct their own research and consult professionals before making decisions. LockMeta assumes no liability for actions based on our content.

Advertisement

More from this stream

Recomended

Trafigura Announces Record Profits and Massive Dividend Payouts to Shareholders

A big global company named Trafigura just shared some really exciting news! They made so much money this year that they're giving away a huge $5.9 billion to their 1,200 owners. Guess what? Each person gets about $5 million!

U.S. Economy Faces Mixed Outlook as Stock Market Braces for 2024 Shifts

Michael Hartnett, a strategist at Bank of America, recently said that the continued rebound in U.S. Treasury prices suggests a slowdown in economic growth.

Norwegian Sovereign Wealth Fund Challenges Tesla on Labor Rights

Tesla and a group of Swedish auto mechanics are in a growing dispute.

U.S. Consumer Inflation Expectations Drop, Boosting Stock Market

The University of Michigan in America shared some fresh numbers. They tell us folks think prices won't rise as much as they thought before. This is making the stock market in America get better.