DeFi Security: Flying Tulip Adds Withdrawal Circuit Breakers

Decentralized finance platform Flying Tulip has introduced a withdrawal circuit breaker mechanism in response to a surge in exploits that has pushed DeFi losses above $600 million in April alone. According to the protocol’s documentation, the new safety feature (called Circuit Breaker) will slow down or limit withdrawals when outflows spike. It will also stop […] Read The Full Article DeFi Security: Flying Tulip Adds Withdrawal Circuit Breakers On Coin Edition.