Gamma Strategies, an Ethereum-based liquidity management protocol, has recently disclosed the primary cause of the exploit attack on its vaults. In a recent tweet, the company stated that they have preliminarily identified the root cause of the security breach.
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This category covers Gamma Strategies, a protocol specializing in active liquidity management and market-making strategies on Ethereum. It includes detailed insights into their operations, technological developments, and response to security challenges.
Gamma Strategies Negotiates with Hacker Following $3.4 Million Cyber Theft
Gamma Strategies, an Ethereum-based liquidity management protocol, has reached out to the hacker responsible for a recent cyber theft, seeking to negotiate a bounty. This move aims to recover the $3.4 million in digital assets lost in the exploit.