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Platypus Finance suffers its third hack in 2023, losses $2m

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The Platypus team said on social media it had taken the ‘proactive measure’ to suspend all pools temporarily. Decentralized finance (defi) protocol Platypus Finance suffered yet another hack this year, as around $2 million was stolen from the project. According to a security firm PeckShield, the protocol has been exploited on the Avalanche blockchain as attackers discovered a vulnerability, allowing them to withdraw Wrapped Avax (WAVAX) and Staked Avax (SAVAX). As of press time, one of the hacker’s wallets is holding over $1.6 million worth of WAVAX and SAVAX. The total sum of the stolen funds is estimated to be over $2 million, according to PeckShield. You might also like: French police arrest two suspects over Platypus Finance hack The Platypus team has confirmed the incident, saying it has “temporarily” suspended all pools due to “suspicious activities in our protocol.” Although the nature of the hack remains unclear, reports sa...

Ava Labs partners with AWS to offer one-click node deployment

Other new features include a subnet deployment service and GovCloud integration for compliance-friendly Dapps Ava Labs, developer of the Avalanche network (AVAX), has partnered with Amazon Web Services (AWS) to implement new features intended to make running a node easier, according to a January 11 blog post from Ava Labs. The new Features include one -click node deployment through the AWS Marketplace, AWS GovCloud integration for Dapp developers concerned about compliance, and the ability to create Avalanche subnets with just a few clicks. It’s official! @Amazon #ChoseAvalanche to bring scalable blockchain solutions to enterprises and governments #AWS fully supports Avalanche’s infrastructure and dApp ecosystem, including one-click node deployment, offering the best tooling for these high compliance use cases. pic.twitter.com/syInSrU9XD — Avalanche (@avalancheavax) January 11, 2023 In the announcement post, Ava Labs CEO Emin Gün Sirer stated that AWS has been an important ...