HOT Updates
@hotonnear
Important
The Blend protocol on Stellar has been exploited - this seems to affect the Yieldblox pool. Blend is used as one of the EARN options in the HOT Wallet.
Withdrawals from the Fixed pool are working as usual. The fixed pool is not impacted and it working as usual. If you have funds in the YieldBlox pool, you can withdraw them directly through the official Blend website (blend.capital). Due to the exploit, withdrawals from YieldBlox pool may come with fees
We’re already in touch with the Stellar and the Blend protocol teams. As a precaution, we’ve paused the HOT Bridge to prevent the attacker from moving tokens across chains.
We’ll keep you posted as the situation develops 🙏
The Blend protocol on Stellar has been exploited - this seems to affect the Yieldblox pool. Blend is used as one of the EARN options in the HOT Wallet.
Withdrawals from the Fixed pool are working as usual. The fixed pool is not impacted and it working as usual. If you have funds in the YieldBlox pool, you can withdraw them directly through the official Blend website (blend.capital). Due to the exploit, withdrawals from YieldBlox pool may come with fees
We’re already in touch with the Stellar and the Blend protocol teams. As a precaution, we’ve paused the HOT Bridge to prevent the attacker from moving tokens across chains.
We’ll keep you posted as the situation develops 🙏
X (formerly Twitter)
Script3 (@script3official) on X
At 00:25:00 UTC the Reflector USTRY oracle was manipulated, misreporting a significantly higher price.
This resulted in a loss of ~10 million USD in a mixture of USDC and XLM from the Blend YieldBlox pool.
NO OTHER BLEND POOLS WERE AFFECTED.
NO OTHER POOLS ARE VULNERABLE.
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231 57 396.7K
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