Gamma Strategies Launches Investigation into Security Incident Following Exploit

The Ethereum-based asset management protocol, Gamma Strategies, is currently investigating an ongoing security incident that may have resulted in the depletion of at least 211.9 Ether (ETH). On January 4, the blockchain investigator PeckShield detected an exploit linked to Gamma Strategies with an estimated value of approximately $469,000. Shortly after, the DeFi platform confirmed a “possible security incident” but reassured users that fund withdrawals remained possible. The protocol is investigating the incident, and it has promised to provide further details once the investigation is complete. In response to the ongoing incident, Gamma Strategies has taken immediate action to prevent further losses. 

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