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The team will cover the $98,000 loss, and the FlashTrade feature has been restored
Svmuu News: FlashTrade, a sustainable protocol in the Solana ecosystem, suspended trading, deposits, and withdrawals after disclosing an unauthorized withdrawal of $98,000. Trading has now resumed, while deposits and withdrawals remain suspended for approximately 24 hours to complete a fund reconciliation. FlashTrade stated that user funds are secure, and the team will fully cover the $98,000 loss; users will not be affected. The team is awaiting MagicBlock to complete its risk disclosure and release a patch, which is expected to take 12 to 24 hours.
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Source：Odaily · Source Link
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