Unizen, a decentralized finance (DeFi) protocol, recently suffered a security compromise resulting in the loss of approximately $2.1 million in user funds. Promptly responding to the incident, the protocol announced plans to reimburse users who lost 750,000 or less, striving to do so "as soon as humanly possible."摘要：Decentralizedfinance(DeFi)protocolUnizenannouncedthatitwouldreimburseitsuserswholost750,000orless“assoonashumanlypossible”aftertheplatformgotcompromised,losingabout$21millioninuserfunds...
Following the compromise, blockchain analytics firm PeckShield identified an "approve issue" with the DeFi platform, alerting users to revoke approvals from the trade aggregator and prevent further losses. Another security company, SlowMist, estimated the exploit losses to be around $2.1 million and observed that the attacker swapped Tether (USDT) for the stablecoin DAI (DAI).
In an attempt to recover the remaining stolen funds, the DeFi protocol offered a 20% bounty to the hacker and initiated collaboration with law enforcement and forensic experts to identify the perpetrator. Meanwhile, the protocol swiftly began reimbursing victims of the hack, prioritizing the return of 99% of affected users' funds.
Unizen's Founder and CEO, Sean Noga, personally loaned funds to facilitate the reimbursement process for users who lost below $750,000, with refunds beginning on March 11. The company will return funds in USDT or USD Coin (USDC), while handling larger losses on a case-by-case basis. Additionally, the protocol shared instructional resources to help users protect themselves from further losses within the platform.
Furthermore, Unizen's chief technology officer, Martin Granström, assured stakeholders of a forthcoming incident report and committed to increasing investment in security measures for the future. This response demonstrates the protocol's dedication to addressing the security breach and protecting its users' assets.
