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The Cascade CLS vault was attacked, resulting in a loss of $1.3 million in funds

MarsBitNews
Mars Finance reports that in a channel, MAX, a Discord administrator for the multi-asset perpetual contracts platform Cascade, stated that the Cascade CLS treasury is suspected to have suffered a security vulnerability, resulting in an estimated loss of about $1.3 million in funds. The platform has now suspended all trading and withdrawals, and has invited SEAL 911 and other third-party security teams to step in to investigate and remediate/resolve the matter. Cascade supports deposits via Arbitrum USDC or a bank account, and it is still in an invitation-only private testing phase.
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