Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit

Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating ExploitThe algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price Collapses A Polygon (MATIC) blockchain-based stablecoin called safedollar (SDO) has lost all of its value, […]

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Defi Project Rari Capital Hacked for $10M in Ether, Project’s Pool Drained for 2,600 ETH

Defi Project Rari Capital Hacked for $10M in Ether, Project's Pool Drained for 2,600 ETHReports from the decentralized finance project Rari Capital detail that the protocol’s ethereum pool has experienced a recent exploit. Rari Capital says they are assessing the situation and the team removed funds from the recent Alpha Finance Lab integration. At first, the project’s team revealed they were assessing the hack, but later estimates assume the […]

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