PANews reported on December 14 that Aevo (formerly Ribbon Finance) tweeted that due to a vulnerability in a smart contract update, the old version of Ribbon DOVPANews reported on December 14 that Aevo (formerly Ribbon Finance) tweeted that due to a vulnerability in a smart contract update, the old version of Ribbon DOV

Aevo: Old version of Ribbon DOV vault attacked, loss of approximately $2.7 million.

2025/12/14 09:28

PANews reported on December 14 that Aevo (formerly Ribbon Finance) tweeted that due to a vulnerability in a smart contract update, the old version of Ribbon DOV vault was attacked, resulting in a loss of approximately $2.7 million.

The team stated that all Ribbon vaults have ceased operation and will be immediately deactivated. Users must complete the contract upgrade and withdraw funds themselves through the standard process. The contract upgrade will be rolled out next week (to be announced later). Aevo disclosed that the vulnerability resulted in a loss of approximately 32% of the vaults, but the team recommends that users withdraw only 19% of the value of their positions at the time of the attack. The claim period is from December 12th to June 12th. After June 12th, the DAO will liquidate all remaining assets and distribute them to users who withdrew funds earlier.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

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Aave CEO Breaks Silence on Game-changing Upgrade in Q4: Details

Aave CEO Breaks Silence on Game-changing Upgrade in Q4: Details

The post Aave CEO Breaks Silence on Game-changing Upgrade in Q4: Details appeared on BitcoinEthereumNews.com. Aave CEO and founder Stani Kulechov has broken his silence on a major upgrade coming to Aave in Q4, 2025. The Aave v4 upgrade is anticipated to be one of the major events in DeFi in 2025, including features such as a Hub-and-Spoke architecture, reinvestment module and others, boosting Aave liquidity and saving gas. The upgrade will also include UX improvements and a new liquidation engine. The Reinvestment Module would help Aave earn more from unused capital, utilizing idle liquidity. On Sept. 15, the Aave founder informed the crypto community of the Aave v4 upgrade roadmap, which highlights where the project is currently at in its development. Aave CEO reacts The Aave founder commented in reaction to a tweet highlighting the features of Aave V4, “very nice overview of the Aave V4 feature,” adding that the Reinvestment Module was not part of the initial design. Very nice overview of the Aave V4 features. Interestingly, the Reinvestment Module wasn’t part of our original design a couple of years ago when we laid down the protocol architecture. It actually emerged later as an unexpected, but exciting, “last-minute” addition. The… https://t.co/Zkp3bmrCAZ — Stani.eth (@StaniKulechov) September 17, 2025 “Interestingly, the Reinvestment Module wasn’t part of our original design a couple of years ago when we laid down the protocol architecture. It actually emerged later as an unexpected, but exciting, last-minute addition,” Kulechov added. The Aave CEO explained the reinvestment feature further as one that allows the protocol to deploy pool float into low-risk, highly liquid yield strategies, creating additional efficiency for LPs. The feature is somewhat inspired by Ethena’s rebalance to USDtb but applied natively within Aave. The Aave team shared the launch roadmap for the Aave upgrade on Sept. 15, revealing a recent V4 Development Update. Source: https://u.today/aave-ceo-breaks-silence-on-game-changing-upgrade-in-q4-details
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BitcoinEthereumNews2025/09/18 16:57