Rho Markets has announced the successful recovery of stolen funds and the resumption of its operations. Following a recent incident where an MEV Bot exploited an oracle issue, resulting in the loss of 2203 ETH, the protocol has now redistributed the recovered funds.

The incident occurred on July 20, but swift action was taken by Rho Markets to address the vulnerability and retrieve the stolen assets. The protocol's team worked diligently to resolve the issue and reallocate the recovered funds back to the lending pool.

With the vulnerability now successfully resolved, Rho Markets has officially resumed its operations. The protocol's swift response to the incident and successful recovery of the stolen funds demonstrate its commitment to security and reliability.

The incident highlights the importance of robust security measures in the decentralized finance (DeFi) space. Rho Markets' prompt action and successful resolution of the issue serve as a testament to the protocol's dedication to protecting its users' assets.

In conclusion, Rho Markets has successfully recovered the stolen funds and resumed its operations, demonstrating its commitment to security and reliability. The protocol's swift response to the incident serves as a positive example for the DeFi space, highlighting the importance of robust security measures and prompt action in the face of adversity.