According to Odaily, NFT perpetual contract trading platform, Nftperp, has announced the recovery of all funds lost due to a previously discovered vulnerability. The developers are currently prioritizing the restoration of contracts to ensure normal trading and withdrawal operations.
Due to some differences between the marked prices and index prices, the team is seeking a safe method to resume trading and is about to release a detailed account of the events that occurred in the past 20 hours.
In a previous announcement, Nftperp revealed a serious error within the contract (clearingHouse) on its platform. All contracts susceptible to attacks were suspended until further notice. The team was actively assessing the situation and promised to provide updates soon.