Vee.Finance V1 Latest News

Vee Finance
2 min readNov 5, 2021

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Hi, Vee.Finance community,

To compensate the V1 depositors, we have opened the first compensation on October 31. At the same time, we have been actively working with the law enforcement departments and security companies to track down information about the hackers, hoping to recover the stolen funds as soon as possible and reimburse the V1 depositors in a faster way. Here is the latest progress.

1. According to on-chain activity monitoring, all assets have been transferred to the below addresses. For these addresses, we are still closely monitoring the flow of funds.

ETH address

0x330432eEB335d4DcfFC5E5AF4b9aAA0beD07D083

0xEe33902b81eb4b4A6988EB4Ebbf7E9A72fd2E0B6

BTC address

bc1qllja47tmhaf30au66vresj4797660q9zjw2q09

bc1qzx0rxtmcnzda8tjtuxxdp2yzs7duc759qykj6r

bc1qvv780kyw0w567ljswctvdge2mc40f25e45z3xz

bc1qtf2wyfxax3rsyqrky20ghkxv9d8glx5acvkckp

2. Materials have been sent to the law enforcement department, and the case is now being investigated.

3. Requests from Law Enforcement have been sent to top exchanges, as the conversation goes back and forth, we are waiting for CEX’s response in terms of some key information of the hacker.

4. We have informed the central exchanges and wallet providers, transactions are closely monitored. We really appreciate their support.

Meanwhile, V2 has been online for almost a month, and we are working hard to restore the TVL on V2 to the level before the attack or even higher, for which we have:

  • launched the stake function
  • developing Vee.Finance mobile version
  • preparing for the upcoming IDO and CEX listing
  • deploying to a new public chain
  • and launching more features

Thanks for everyone’s support.

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Vee Finance
Vee Finance

Written by Vee Finance

A lending protocol platform on Avalanche that bridges the gap between traditional financial users and crypto users. https://vee.finance/home

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