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The Nexus
SECURITYApr 23 · 12:34 UTCCOINTELEGRAPHCointelegraph by Ezra Reguerra

Andre Cronje’s Flying Tulip adds withdrawal circuit breaker as DeFi exploits mount

Flying Tulip, a DeFi platform led by Andre Cronje, has implemented a withdrawal circuit breaker to mitigate risks amid rising DeFi exploits. The safeguard is designed to 'fail open' during emergencies, ensuring user access, while a real-time status page provides transparency.

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