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๐Ÿ’Ž DeFi๐Ÿ”ด BearishImportance 6/10Actionable

NFT platform Gondi moves to make users whole after $230,000 contract exploit

The Block|Daniel Kuhn|
NFT platform Gondi moves to make users whole after $230,000 contract exploit
Image via The Block
๐Ÿค–AI Summary

NFT lending platform Gondi suffered a $230,000 exploit that drained 78 NFTs across approximately 40 transactions. The platform is taking steps to compensate affected users following the contract vulnerability exploitation.

Key Takeaways
  • โ†’Gondi NFT platform lost $230,000 worth of assets in a contract exploit.
  • โ†’78 NFTs were drained from the platform across about 40 transactions.
  • โ†’The exploiter's address has been identified and labeled on Etherscan.
  • โ†’Gondi is working to make users whole after the security breach.
  • โ†’The incident highlights ongoing security risks in NFT lending protocols.
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