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Secured Finance Reopens on Three Networks After Protocol Recovery

Users lost no funds, and Secured Finance’s contracts, balances, positions and order books were repaired and verified.

By Simon Yoon
Published
Mentioned assets
A steel ledger opens beside three reset locking bars / TokenPost.ai
A steel ledger opens beside three reset locking bars / TokenPost.ai

Secured Finance has reopened on Ethereum, Arbitrum and Filecoin after completing its recovery following a Sept. 5 attack on its lending market.

Users lost no funds, and assets were replenished. Secured Finance’s contracts, balances, positions and order books had been repaired and verified.

The attack’s estimated losses were about $104,000.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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