/biz/ - Business & Finance

Stables have repegged. However the funds that back then are in lala land at the moment. Everything hijacked moved to a different wallet but made no further moves. They are still sitting there. Multi investigating. Ftm has already made arrangement for another bridge. Wbtc still under peg on chain. Stables may depend again anytime. Fantom pulled out of multi with their Treasury funds when CEO disappeared. Confirmed by Michael Kong tonight and month old article interviewing Andre. If the funds are not recoverable I dont see how the stables can hold peg but the action so far is uncharacteristic of a hacker.

We are now just waiting for the multi team to fix their shit if possible.

Always a pleasure and never a chore.