Term Labs has fully restored all fixed-rate loan positions affected by an August governance attack, with the final transfer completed on August 25. The attack caused approximately $8.5 million in losses. A community-approved recovery plan ensured all affected users were compensated. Meta Vaults and related strategies remain closed, as reported by Crypto.news.
Term Labs has fully restored all fixed-rate loan positions held in the affected vaults following an August governance attack, with the final position transferred on August 25. All affected user funds have been secured through a community-approved recovery plan, the company stated. The Meta Vaults and related strategies remain closed. The attack caused approximately $8.5 million in losses. (Source: Crypto.news)
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