Osmosis back online after fixing bug that caused liquidity exploit
Following a bug in Osmosis that “allowed liquidity providers to earn an extra 50% when adding and withdrawing liquidity,” the chain was halted to avoid further damage to liquidity pools. The post Osmosis back online after fixing bug that caused liquidity exploit appeared first on CryptoSlate.
Timeline of Osmosis
Osmosis Exploiters Return $2M After Swindling $5M – New Data Surfaces - Bitcoinist
Osmosis is the latest crypto project to encounter an unexpected attack, as the looters made away with $5 million. The past few weeks haven't been easy for crypto projects, especially exchanges.
Osmosis Will Cover The Exploit Loss, The Chain Remains Halted For 2 Days - DCForecasts
Osmosis will cover the exploit losses reportedly as the cause of the liquidity pool exploit was identified and a new blockchain update will be pushed in the next 48 hours so let's read more today in our latest blockchain news. The Osmosis chain will remain halted for the next two days after a liquditiy pool
Osmosis team says ‘all losses will be covered' - CryptoSlate
After yesterday's drain attack, the Osmosis team published an update thread on Twitter stating that all the losses will be compensated. The post Osmosis team says ‘all losses will be covered' appeared first on CryptoSlate.
DeFi Exchange Osmosis Got Hit By $5 Million Exploit: Report - DCForecasts
The DEFI exchange Osmosis got hit with a $5 million exploit in a recent hack which forced developers to halt the network as we can see more today in our latest cryptocurrency news. The DEFI Exchange Osmosis is built using CosmosSDK and was exploited today, draining up to $5 million from the liquidity pools.
Osmosis validator FireStake admits it drained $2 million during Osmosis exploit - The Block
FireStake, a validator on the Osmosis network, admitted that it took advantage of the blockchain's recent exploit to take $2 million. The post Osmosis validator FireStake admits it drained $2 million during Osmosis exploit appeared first on The Block.
Osmosis LP breached in a $5 million hack - Cryptopolitan
Osmosis decentralized exchange succumbed to a breach losing about $5 million from its liquidity pool. According to the update, the hackers were able to discover a bug in the LP, using it to breach the platform.
Osmosis Introduces Grants Program to Expand Interchain DeFi Ecosystem - CrowdFundInsider
Osmosis, the Cosmos-based interchain automatic market maker (AMM), recently announced the launch of the Osmosis Grants Program. Created following a successful on-chain governance vote, the Osmosis Grants Program “funds community-built tooling and infrastructure to grow the long-term utility of Osmosis and increase its user base.
