In the last week, three different projects integrated it Warp Finance, Prophet Finance, and SKALE.
The integrations have reflected positively on Chainlink s price, which hit a new ATH recently.
Chainlink (LINK) has been integrated into a number of other blockchain projects recently. In fact, the project was integrated by three different projects in the last seven days alone. This has had a strong impact on its price, which has reached a new all-time high as a consequence.
Chainlink adopted by three new crypto projects
In the past several days, three different projects announced the adoption of Chainlink’s technology. The first one was Warp Finance, which stated that it aims to use Chainlink’s real-time price feeds, which will improve its security. This will be very important for the project, which recently suffered an $8 million flash loan hack.
Resumen de hacks, exploits y atracos de criptomonedas en 2020
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Warp Finance Says It Recovered 75% of the $7.76M Funds Taken in Flash Loan Attack
Updated Dec 21, 2020 at 2:23 p.m. UTC
Warp Finance Says It Recovered 75% of the $7.76M Funds Taken in Flash Loan Attack
Decentralized finance (DeFi) platform Warp Finance said late Saturday it recovered $5.85 million, or about 75%, of the $7.76 million in funds lost last week in a flash loan attack. The loan collateral has since been secured by the Warp Finance team and will allow us to return approximately 75% of users deposited funds, the firm said in a Medium post.
The recovered funds should be distributed sometime late Sunday night Eastern time (early morning UTC) to affected users in amounts proportional to the amount of W-USDC and W-DAI held at the time of the attack.
Warp Finance Sees Flash Loan Attack By The Tune Of $8 Million
Last Updated: 18 December 2020
Warp Finance, a DeFi platform that went live barely a week prior, has now suffered a flash loan attack, as the team announced. According to the announcement in question, the attacker managed to siphon out a whopping $8 million in stablecoins, doing this by exploiting a bug where they borrowed more than they were allowed to.
$7.7 M Gone With Plans To Recover $5.5 M
The Warp Finance tweeted that the exploiter managed to pull out $7.7 million in stablecoins from the lending platform. All is not lost, however, and the Warp finance Team was quick to state that it already has plans to recover about $5.5 million of those stolen funds, which is still secured within the collateral vault.