ChainCatcher report: In response to recent market fluctuations involving THE, THENA officially clarified that it has not been compromised. The incident originated from the THE market on Venus Protocol; THENA’s smart contracts and all liquidity pools remain secure and operate normally. THENA has partnered with zeroShadow and Hypernative Labs to identify early warning signals and coordinate with relevant parties, including law enforcement. THENA plans to significantly increase the APR for THE Single Sided Vaults, driven by fees generated from this event, and voters in this epoch will receive enhanced returns due to the extreme volatility on Sunday.
THENA Clarifies No Hack Occurred; Smart Contracts and Liquidity Pools Operational
ChaincatcherShare
Summary
THENA denied reports of a crypto hack, confirming that its smart contracts and liquidity pools remain secure. The recent volatility originated from the THE market on Venus Protocol, not from an exchange breach. The project has partnered with zeroShadow and HypernativeLabs to monitor signals and collaborate with authorities. THENA plans to increase the APR for THE Single Sided Vaults, with voters in the current Epoch set to benefit from fees generated during Sunday’s extreme price fluctuations.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.