📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
The attack on the transaction blocking system successfully protected Saddle.Finance, recovering a loss of 3.8 million dollars.
On April 30, 2022, an attack targeting the Saddle.Finance project was successfully identified and blocked by a certain security system. The system's attack transaction blocking feature effectively intercepted an attack transaction, saving the project party approximately $3.8 million in potential losses. The security team has established contact with the project party and is conducting incident analysis and follow-up handling.
The successful prevention of the attack this time is another important milestone following the first realization of attack interruption in March 2022. This incident once again proves the effectiveness and importance of the attack transaction blocking system in practical applications.
Research and practice have shown that attack transaction blocking, as a proactive defense method, can effectively complement traditional security audits. This system is capable of real-time monitoring and blocking ongoing or imminent attack transactions, significantly enhancing the security of DeFi projects and reducing the risk of being attacked.
In recent months, the security team has been dedicated to improving and perfecting this system. Their goal is to provide more stable and reliable security services for decentralized applications, further protecting the security of the blockchain ecosystem. With the continuous advancement of technology, we can expect to see more innovative security solutions emerging, bringing stronger protection to the entire blockchain industry.