KernelDAO Suspends rsETH Deposits and Withdrawals to Fix Contract Vulnerability in Recent Upgrade
The KernelDAO team has identified a vulnerability in its fee minting contract during the latest upgrade, which resulted in extra rsETH being minted and sent to the fee address. The team stated that all funds remain secure within the smart contract, but as a precautionary measure, deposits and withdrawals have been suspended.
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.
You may also like
Tether forms strategic partnership with fintech platform HoneyCoin to accelerate digital asset adoption in Africa
WET is now listed on Byreal, with LP pool yields surpassing 5,354%
Bitcoin mining company IREN completes $2.3 billion convertible senior notes offering
The average cost price of US spot Bitcoin ETFs is close to $83,000.
