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The Nexus
TECHNOLOGYApr 23 · 12:34 UTCCointelegraph by Ezra Reguerra

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

Andre Cronje's DeFi project Flying Tulip has introduced a withdrawal circuit breaker to mitigate risks amid rising DeFi exploits. The safeguard is designed to 'fail open' during emergencies, ensuring user funds remain accessible while allowing real-time system monitoring via a dedicated status page.

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