【Market Update】$131,000 was stolen. After more than a month of negotiations, they’re only willing to pay $6,500—less than 5%.
On September 12, Camelot’s rewards facility was exploited, and 445,000 EQB and 2,121 xGRAIL were stolen. Treasury assets accounted for over 95% of the losses.
Camelot and the rebranded Frontier are now being asked to provide a written commitment to full compensation. Can changing the name really wipe the slate clean?
$EQB $GRAIL $ARB
#DeFi #Arbitrum #Security Incident
(Source: Wu Blockchain)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
On September 12, Camelot’s rewards facility was exploited, and 445,000 EQB and 2,121 xGRAIL were stolen. Treasury assets accounted for over 95% of the losses.
Camelot and the rebranded Frontier are now being asked to provide a written commitment to full compensation. Can changing the name really wipe the slate clean?
$EQB $GRAIL $ARB
#DeFi #Arbitrum #Security Incident
(Source: Wu Blockchain)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
