I just learned about the Dango incident — it sounds scary at first glance, but in reality, everything ended well. It turns out that some hacker found a vulnerability in the insurance fund logic and was able to withdraw about 410,000 USDC. But the most interesting part is that the remaining 1.49 million stayed in place thanks to bridge limits, and users were not harmed at all.

What’s next? The hacker returned all the money and even received a bug bounty reward. The team called him a white hat, and now everyone is saying it was just an ordinary pentest that went sideways. No users lost anything — all funds were protected, and compensation is guaranteed.

Currently, Dango is working on additional security measures to prevent this from happening again. The protocol will soon be back online, although the rewards program has been temporarily postponed. Honestly, when you see stories like this, it’s nice to know that at least this time no one was hurt and the team reacted quickly. I wonder how many more similar vulnerabilities are waiting for their moment in other protocols?