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πŸ’Ž DeFiπŸ”΄ BearishImportance 6/10Actionable

NFT platform Gondi to compensate users affected in $250k smart contract exploit

crypto.news|Rony Roy|
NFT platform Gondi to compensate users affected in $250k smart contract exploit
Image via crypto.news
πŸ€–AI Summary

NFT lending platform Gondi suffered a smart contract exploit on Monday resulting in approximately $230,000 worth of stolen NFTs. The platform has committed to fully compensating all affected users following the security breach.

Key Takeaways
  • β†’Gondi NFT lending platform lost around $230,000 worth of NFTs in a Monday exploit.
  • β†’The attack targeted vulnerabilities in the platform's smart contract infrastructure.
  • β†’Gondi has promised to compensate all users who were affected by the security breach.
  • β†’The incident highlights ongoing security risks in NFT lending protocols.
  • β†’Post-incident updates suggest the platform is taking responsibility for the exploit.
Read Original β†’via crypto.news
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