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ETH $2,071.57 +1.99%
BNB $648.07 +1.24%
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TRX $0.2795 -0.47%
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ADA $0.2735 -4.22%
BCH $449.54 -0.02%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

Maple Finance: Depositors will not be affected, Wintermute states it has sufficient capacity to absorb the attack losses

2022-09-20 19:10:34
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ChainCatcher news, the lending protocol Maple Finance tweeted that it has communicated with Wintermute. Wintermute stated that they have sufficient capacity to absorb the losses caused by the hacker attack. They will continue to provide services for Maple loans, so depositors will not be affected.

It is reported that Maple previously launched a $40 million liquidity pool supported by the crypto-native investment firm Maven 11, with borrowers including Wintermute. Maven 11 stated in a tweet that it has a $65 million risk exposure to Wintermute in the Maple Finance pool. (Source link)

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