HOT Updates
@hotonnear
HOT Updates
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 🙏
Good news - refunds have been issued!
All users affected by the Blend/Yieldblox pool incident have received their funds back. Please check your wallets.
All's well that ends well - no user funds were lost
All users affected by the Blend/Yieldblox pool incident have received their funds back. Please check your wallets.
All's well that ends well - no user funds were lost
X (formerly Twitter)
Script3 (@script3official) on X
For users impacted by the oracle manipulation on the community-managed YieldBlox DAO Pool:
Remediation for depositors in the pool has been fully distributed directly into affected accounts (wallets) via payment as of 19:12 UTC with the memo “YieldBlox Pool Remediation.” Users
🔥 791
❤ 456
🍌 259
👍 163
😁 109
🗿 38
🌚 35
266 19 467K
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