DeFi
Flying Tulip Deploys Withdrawal Circuit Breaker Amidst Surging DeFi Exploits, Redefining Security
Andre Cronje's Flying Tulip has introduced a novel withdrawal circuit breaker, designed to queue or delay outflows during suspicious activity. This move comes as April saw over $600 million in DeFi losses, highlighting a critical shift from smart contract bugs to infrastructure and operational vulnerabilities.
