Elrond Publishes Its Incident And Recovery Report After MAIAR DEX Exploit

Twitter icon  •  Published il y a 1 mois  •  Hassan Maishera

Beniamin Mincu, the founder and CEO of Elrond network, announced via a tweet on Saturday that Elrond has published its incident and recovery report following the MAIAR DEX exploit.

Beniamin Mincu, the founder and CEO of Elrond network, announced via a tweet on Saturday that Elrond has published its incident and recovery report following the MAIAR DEX exploit. He added that despite the exploit, all systems are live and user funds are safe. 

Elrond is a high-throughput public blockchain focused on providing security, efficiency, scalability, and interoperability by employing two key elements: Adaptive State Sharding and a new Secure Proof of Stake ("SPoS") consensus mechanism.

EGLD is down by more than 13% today and is trading at $42.81 at press time.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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