Cryptocurrency
Rari Capital Reports Exploit in ETH Pool; $15M Taken
Rari Capital Reports Exploit in ETH Pool; $15M Taken Reported By CoinDesk.com “Rari Capital announced there was an exploit in the Rari Capital ETH Pool related to its Alpha Finance Lab integration. In response, the rebalancer has removed all funds from Alpha. According to Etherscan, $15 million worth of ether was taken. The price of the Rari […]
By CJ Reichel · May 10, 2021
Rari Capital Reports Exploit in ETH Pool; $15M Taken
Reported By CoinDesk.com
“Rari Capital announced there was an exploit in the Rari Capital ETH Pool related to its Alpha Finance Lab integration. In response, the rebalancer has removed all funds from Alpha.
- According to Etherscan, $15 million worth of ether was taken.
- The price of the Rari Governance Token (RGT) fell more than 50%, from $17 to $8, before rebounding. It’s currently trading at about $12.01.”
Read the full article at CoinDesk.com