How Lossless Protocol Helped AAG Ventures Retrieve $78M From A Hack. Lossless Needs EPNS $PUSH.

in hive-196037 •  2 years ago  (edited)


How Lossless Protocol Helped AAG Ventures Retrieve $78M From A Hack. Lossless Needs EPNS $PUSH.

#lossless #aag #harmonyprotocol

Read more about the hack on Harmony's Horizon bridge and how $78m worth of $AAG tokens have been retrieve by the Lossless protocol, a protocol that AAG ventures had adopted: https://losslessdefi.medium.com/horizon-bridge-hack-and-aag-ventures-how-lossless-saved-78m-of-aag-tokens-8044f09b9ca0

After doing a subsequent video where I tackle the technicalities of how lossless protocol mitigates against hacks in crypto, it will become better established why crypto needs lossless and well, lossless and horizon bridge needs the EPNS protocol as it is evident that having been notified early of the hack, AAG wouldn't have been retrieved earlier and before the hacker could cash out.

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