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List of Flash News about small protocols

Time Details
2024-08-27
12:41
ZachXBT Highlights Challenges for Small Protocols with Sudden TVL Increases Due to Stolen Funds

According to ZachXBT, small protocol founders face significant challenges when stolen funds are deposited into their systems, dramatically increasing their Total Value Locked (TVL) by 5-10 times overnight. This situation can be particularly tough to manage, as evidenced by similar incidents in other chains and protocols, such as Oasis handling $225 million from the WormHole hack.

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