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cryptonews
2022-08-31 07:38:00

Another DeFi Exploit, GameFi Rug Pull, and Accidently Closed Exchange - Beware of Risks in Crypto

Another DeFi Exploit, GameFi Rug Pull, and Accidently Closed Exchange - Beware of Risks in Crypto

In a matter of 24 hours, a DeFi platform lost millions of dollars in a hack, developers of a play-to-earn (P2E) GameFi project apparently rug-pulled their investors, and a Solana (SOL)-powered exchange mistakenly shut itself down - all reminding us of risks in the crypto space. According to blockchain security firm PeckShield, DeFi lending protocol Cream Finance was exploited by hackers on Tuesday thanks to a “bug introduced by [the] AMP” token. ...Read More: Another DeFi Exploit, GameFi Rug Pull, and Accidently Closed Exchange - Beware of Risks in Crypto

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