VESA at Cypher Capital
Hi fam, Today we’re celebrating a union that took place recently when VESA travelled to Dubai for a month of meetings, partnership calls,
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Cypher
Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage
Crypto trading platform Cypher has published a plan to recover from its $1 million exploit, stating it will “socialize” losses across the platform in an initial stage of the recovery. In the first stage of the plan, the Solana-based trading platform will produce a “pro rata redemption package” of current
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Hacked Crypto Exchange Cypher Plans to Hold Public Token Sale
The sale’s tokenomics are uncommonly tilted toward public investors. According to Cypher’s posts on X, formerly known as Twitter, over 45% of tokens will be sold to the public, with 23% earmarked for the team, 11% for investors, 1.2% for advisors and 12% for growth incentive programs. Source
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Cypher Protocol recovers nearly 50% of stolen assets
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cypher Protocol recovered nearly 50% of the stolen funds, worth approximately $600,000. On Aug. 7, the company suffered an exploit attack that reportedly wiped $1 million off its accounts. On Aug., 17, Cypher Protocol announced via its X
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Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs
Solana-based decentralized futures exchange Cypher Protocol has managed to freeze $600,000 worth of crypto stolen from an Aug. 7 security exploit.In an X (Twitter) post on Aug. 18, Cypher Protocol reported that more than half of the funds stolen have been successfully frozen across centralized exchanges with the help of
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Cypher Protocol freezes smart contract amid $1m exploit
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cypher Protocol, a decentralized futures exchange on the Solana (SOL) blockchain, has halted its smart contract in the wake of an estimated $1 million exploit. On Aug. 7, Cypher Protocol announced on X that it had frozen
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Cypher Protocol freezes smart contract after an estimated $1M exploit
Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit.On Aug. 7, Cypher alerted its 13,500 followers on X (formerly known as Twitter) that it had experienced a security incident and had thus frozen its smart contract.The team added it is investigating the cause
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Solana-Based Cypher Protocol Experiences Exploit, Freezes Smart Contract
The protocol’s contracts are now frozen as contributors attempt to make contact with hackers to negotiate a return of funds. Source
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Cypher Raises $2.1M for Traditional Futures Market on Solana
Beyond just tokens and stocks, “we’re looking at things like NFT futures, DeFi rate derivatives – so a lot of stuff where having that set expiration date can really help you express a more nuanced view on the market,” James, a globetrotting expat, said. Original Source
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