Helio Protocol Suspends All Functions, Says Users' Assets Safe

BNB Chain-based stablecoin protocol Helio said on Twitter that users' assets in Helio are safe, and all staked $BNB are "completely intact". For safety reasons, Helio suspended all functions temporarily.

Helio also said that it's in close communication with the Ankr team to discuss the restart plan of $aBNBc. Helio will compensate the users who suffered losses in this incident. The detailed compensation plan will be announced soon.

Source

DeFi

Stablecoins

Staking

BNB Chain

Security Incidents

In This Article

Related News
Wormhole, EigenLayer and NEAR-focused Nuffle Labs partner to bring restaking beyond Ethereum Wormhole, EigenLayer and NEAR-focused Nuffle Labs partner to bring restaking beyond Ethereum
Total stablecoin market cap tops $200 billion as onchain lending yields surge Total stablecoin market cap tops $200 billion as onchain lending yields surge
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Latest News More More
6 Hours Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
6 Hours Ago Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million
1 Day Ago Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
1 Day Ago Singapore bans Polymarket amid national crackdown on online gambling sites
4 Days Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open