rodeo

According to Cointelegraph, the social NFT platform Rodeo has announced that it will gradually shut down, becoming the second NFT platform to announce its closure this week. The platform was launched in March last year through the Apple iOS store, focusing on a social-centric NFT collecting experience.The platform's co-founder and CEO stated that although the product was well-loved by the core community, it failed to achieve the scale of growth necessary for sustainable operation, and therefore could not continue. From January 27 to February 10, the platform will continue to operate normally, after which it will switch to read-only mode and will completely shut down on March 10.Rodeo has developed a user asset and data migration plan, including support for transferring media and metadata to the storage platform Arweave, and providing an asset migration assistant to guide users in transferring assets from the platform's smart contracts.

ChainCatcher news, Foundation founder and CEO Kayvon Tehranian posted on social media: "We are developing a new social network called Rodeo. It is designed to be fun, simple, and very social. Currently, it is invite-only."Farcaster co-founder Dan Romero stated that the upcoming new social network (Rodeo) is supported by Farcaster's permissionless and decentralized social graph.

ChainCatcher news, CertiK tweeted that the EOA "0x2f378" address transferred 200.8 ETH to Tornado Cash, worth approximately $331,000. These funds were obtained by hackers through a price manipulation exploit on Rodeo Finance on July 11.Previous news, on July 13, the Arbitrum ecosystem leveraged yield protocol Rodeo was hacked, resulting in a loss of approximately $1.7 million.

ChainCatcher news, according to CertiK on social media, the EOA (0x2f3788) address transferred 371 ETH to Tornado Cash, worth approximately $695,000. These funds were obtained by hackers through a price manipulation exploit on Rodeo Finance on July 11.Previously, on July 13, the Arbitrum ecosystem leveraged yield protocol Rodeo was attacked by hackers, resulting in losses of approximately $1.7 million, with $816,000 of the losses recovered.

ChainCatcher news, the leverage yield protocol Rodeo Finance on Arbitrum has released a post-incident report regarding a hacking event. On July 11, hackers stole approximately $1.7 million from the Rodeo protocol due to price oracle manipulation, and currently about $816,000 has been recovered in the form of unshETH.The team is currently conducting forensic analysis of the vulnerability in collaboration with security researchers and white hat hackers, offering a white hat bounty to hackers for returning the funds, and urging hackers to negotiate with the team for the return of the stolen funds.

ChainCatcher news, according to a message released by CertiK's official Twitter, Rodeo Finance has suffered a vulnerability attack, resulting in a loss of approximately 1.5 million USD. Currently, the attacker has transferred the funds to Ethereum and moved 150 ETH into Tornado Cash. (Source link)

ChainCatcher news, according to PeckShieldAlert monitoring, the leveraged yield protocol Rodeo Finance on Arbitrum is suspected to have been attacked, with current estimated losses of about $180,000. (source link)