4JS{M-RAPOWOY7TPXP8UFVK$>R
SYSTEM PROCESSING...
4JS{M-RAPOWOY7TPXP8UFVK$>R
SYSTEM PROCESSING...
Posted: 2025-04-26 17:24:58 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-26 17:25:12 UTC
Verified By
Rollup News
An update to the tETH oracle led to unintended liquidations of tETH markets on Term. The issue was isolated, and a full reimbursement plan is being implemented. It was not a hack, and user funds were not directly targeted.
Unintended liquidations of tETH on Term
Isolated incident affecting only tETH markets
Full reimbursement plan for affected users
No smart contracts were exploited
User funds were not directly targeted
tETH oracle update malfunction
Unintended liquidations of tETH
Securing funds for reimbursement