Recently we promised to tell you about implemented increased security measures of Lympo.
28 Dec 2022, 16:16
Recently we promised to tell you about implemented increased security measures of Lympo. One of the key improvements that we have made is Multisignature verification. This security measure allows processing transactions or smart contract changes verified by at least 3 of 5 trusted signees. This ensures that even in the worst-case scenario of a hacking incident, there would be no damage to any of our smart contracts.
As for $SPORT holdings, all funds are stored in wallets that belong to and are managed by Animoca Brands Finance department. Lympo does not directly control any of those wallets, and we have a strict process for transferring them, including various requests, approvals and verifications.
Regarding the hacking which occurred on the 10th of January, 2022 - unfortunately, there is little that we can share yet. The situation is still under police investigation. The investigation and legal matters are managed directly by Animoca Brands.