Web: https://therecord.media/collapse-of-luna-cryptocurrency-leads-to-11-million-exploit-on-venus-protocol/

May 13, 2022, 3:03 p.m. | Jonathan Greig

The Record by Recorded Future therecord.media

Venus Protocol, a decentralized money market, announced on Thursday evening that about $11 million had been lost due to people exploiting the historic collapse of the Luna cryptocurrency and its sister stablecoin UST. The team behind the Venus Protocol released a statement confirming suspicions that had been floating around for hours about the potential mishandling […]

The post Collapse of Luna cryptocurrency leads to $11 million exploit on Venus Protocol appeared first on The Record by Recorded Future.

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