augustus

Stablecoin bank Augustus has obtained a federal banking license issued by the Office of the Comptroller of the Currency (OCC), becoming the eighth institution to receive this license since 2010, and has simultaneously completed a $40 million financing round, with investors including Valar Ventures, Creandum, Ramp, Deel, and the founder of Circle.

ChainCatcher message, the DEX aggregator ParaSwap announced on platform X that it has discovered a critical vulnerability affecting users authorized by the Augustus V6 contract. ParaSwap has suspended the V6 API and conducted a white hat attack to ensure the safety of user funds. These funds are now securely stored in a Safe wallet starting with 0x66E90 and will be returned to users shortly.Additionally, users must revoke permissions for the Augustus V6 contract. Currently, 4 addresses are affected, with a total loss of $24,000.