CryptoNewsZ
2022-04-18 13:30:55

$76 Million Wiped Out From Beanstalk Stablecoin Protocol in Hacking

Beanstalk has been built on Ethereum, and it is a decentralized credit-based stablecoin protocol. Beanstalk leverages its credit system to create a blockchain native asset that is liquid and decentralized. Beanstalk encourages the participation of its community members to maintain the peg and governance without involving the everyday users of the protocol. Beanstalk issues Beans, …

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