Cascade CLS Vault Suffers $1.3 Million Loss Following Security Breach on July 16

CLS-4.61%
According to ChainCatcher, Cascade's CLS vault experienced a security vulnerability on July 16, resulting in approximately $1.3 million in losses. Discord administrator MAX announced that the platform has suspended all trading and withdrawals. The multi-asset perpetual contract platform has engaged third-party security teams, including SEAL 911, to investigate and address the incident.
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