‍# ResolvLabsHitByExploitAttack

Headline: Resolv Labs Reports
Security Incident, Takes Immediate Action to Protect Users
Today, Resolv Labs identified a
security exploit targeting our infrastructure. Upon detection, our team immediately
moved to pause all protocol operations to limit the impact on our users and
liquidity providers.
Security is the bedrock of DeFi, and
we take this responsibility incredibly seriously. We are currently
collaborating with leading blockchain security forensics teams to analyze the
attack vector and quantify the losses.
What Users Need to Know: We strongly advise all users to revoke smart contract
permissions associated with Resolv Labs immediately.
We are committed to full
transparency. A comprehensive post-mortem report detailing the cause of the
exploit and our plan to make affected users whole will be released shortly.
We appreciate the support of the
community as we navigate this challenge.
‍#CyberSecurity #DeFi