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AAG Ventures

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r/SatoshiStreetBetsSee Post

$LSS protocol's investigation and voting process has ended 🏁 Decision-Making Body has confirmed the #hack and voted YES to initiate the return of stolen funds back to @aag_ventures 💸 Retrieval of the 78M $AAG tokens will now commence 🔥

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One of these hacks actually had some of the stolen funds reverted due to an embedded protocol. AAG tokens from the harmony hack. Bout $1.4mil at the time of retrieval.

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What about the AAG tokens that were taken too. How did those get returned and not stolen like the rest?

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By implementing the Lossless protocol $LSS. They froze and retrieved 78million stolen AAG tokens (AAG Ventures had implemented lossless protocol) in this exact hack. Maybe more will learn from this, finally

Mentions:#LSS#AAG

Man if just every affected project would habe implemented the Lossless protocol $LSS. They froze 78million stolen tokens for AAG Ventures $AAG and successfully retrieved them back! That is a fucking helpful use case.

Mentions:#LSS#AAG

Every project needs to consider the implementation of the Lossless protocol $LSS. It froze 78mil stolen $AAG tokens in yesterday’s attack and retrieved them back!

Mentions:#LSS#AAG

Should have implemented the Lossless protocol $LSS. Lossless froze and retrieved stolen tokens for AAG ventures, which were also involved in this hack….

Mentions:#LSS#AAG

Sort of. The horizon bridge held a lot of different things that were bridged to harmony. Eth, WBTC, usdc, usdt, dai and apparently some AAG were locked in there. The hacker removed all of that from the ETH side and my understanding is it was then swapped to ETH. Last I saw it's still in the wallet and hasn't been moved.

Mentions:#WBTC#AAG#ETH

#BREAKING!!! 78 Million AAG tokens stolen during hack are recovered!!! We will get through this 💪🏼

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78 million AAG tokens. They are not worth a dollar each lol

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> out of 100 million stolen 78 million is frozen and can be recovered Nope, that was false hope: https://twitter.com/aag_ventures/status/1540227054683262978 78M $AAG is about $1.2M

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Unfortunately this article is misleading: [One correction. The message is supposed to be "78m of 84m $AAG tokens".](https://twitter.com/aag_ventures/status/1540227054683262978) 78 million AAG tokens have a total value of $1,151,280. It's a drop in the bucket.

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tldr; Harmony Protocol’s Horizon Bridge was hacked for about $100 million. Metaverse software company, AAG Ventures, lost $84 million in the hack. AAG was able to freeze $78 million of the funds. The hack may be in the servers that were running the two wallets responsible for verifying any transaction. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Mentions:#AAG#DYOR

TLDR: AAG had partnered with Lossless DeFi and was using their mitigation tool to protect its funds. As a result, Looseless was able to freeze about $78 mln of the $84 mln that was lost by AAG in the hack. In a stroke of luck, Lossless had launched their protocol on Harmony only a day ago and were able to intervene in the event of the hack.

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r/CryptoCurrencySee Comment

It's just AAG now

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r/CryptoCurrencySee Comment

UNIX Gaming, Balthazar, AAG Ventures, YIELD GUILD Games. Saved you a click.

r/CryptoCurrencySee Comment

Yeah. That's true so I guess that part could be cleared up a bit....I remember when I had mine you could basically use a toggle to switch between risk exposure? And that brought you into different tiers? So high risk would be speculative longs and option plays, maybe crytpo, and low risk would be like AAG stocks and bonds maybe just as an idea.

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