Wu Blockchain has learned that Cascade Discord admin MAX stated in the channel that the Cascade CLS Vault experienced a security breach, resulting in approximately $1.3 million in user fund losses. The platform has suspended all trading and withdrawals and has invited SEAL 911 and other third-party security teams to investigate and address the issue. Cascade is a New York-based 24/7 multi-asset perpetual contract platform targeting the U.S. market, supporting deposits via Arbitrum USDC or bank accounts. It is currently in an invite-only private beta phase. https://(wublock123.com)/news/cascade-cls-vault-hack-1-3m-user-funds-loss-64725