Deep Tide TechFlow news: On July 16, MAX, a Cascade Discord administrator for the multi-asset perpetual contract platform Cascade, said in the channel that the Cascade CLS treasury was reportedly hit by a security vulnerability, resulting in an estimated loss of about $1.3 million. 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 handle the incident. Cascade supports deposits via Arbitrum USDC or bank accounts, and it is still in an invite-only closed testing phase.

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