🔐 Texture recovers the majority of funds stolen after a security breach!
After suffering an unfortunate security breach recently, the Texture Finance platform announced that it successfully recovered a large portion of the stolen funds, in a move that reflects its rapid response and the efficiency of its protection team.
🛡️ Investigations revealed that the vulnerability was exploited through a flaw in smart contracts, but the platform acted quickly to freeze assets and communicate with multiple parties to recover the funds.
💬 Texture stated that it will work on enhancing the security infrastructure, reviewing protection protocols, and providing compensation to affected users if necessary.
✅ A positive step that restores confidence in decentralized protocols and reflects the importance of transparency and rapid response in the DeFi world.
Do you think DeFi projects are learning from mistakes? Or are the technical risks still present?