Hyperdrive: The security incident only affects the Primary USDT0 market and the Treasury USDT market; all market trading and withdrawal functions are currently suspended.
According to ChainCatcher, Hyperdrive has officially disclosed that the security issue affecting the protocol has so far been confirmed to impact only two markets: the Primary USDT0 market and the Treasury USDT market.
To prevent malicious activity, the protocol has temporarily suspended all markets (including the interest mechanism) and paused all withdrawal functions. The Hyperdrive team stated that they are working with top security and forensic experts to investigate the issue and are developing a patch to resolve it. The team has committed to releasing a full post-mortem report after the investigation is complete and will provide the next substantial update within 24 hours via their official Twitter and Discord channels.
The team is currently exploring all possible avenues to mitigate the impact on affected users, prioritizing a comprehensive assessment of the event's overall impact and formulating an integrated remediation plan. Users are advised not to interact with the protocol or send funds to its smart contracts for the time being.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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