Affected by the attack, the stablecoin UZD of Zunami Protocol temporarily dropped by 96.6%.
2023-08-14 01:19
Odaily News: According to CoinGecko, the stablecoin UZD launched by Zunami Protocol experienced a short-term drop of 96.6% due to a hacking incident, and is currently trading at around $0.0342057.
Earlier today, it was reported that Zunami Protocol suffered an attack, resulting in a loss exceeding 2.1 million USD. Analysis from PardShield suggests that this is a case of price manipulation, with the price being falsely calculated through donations.
In October last year, Zunami Protocol announced the launch of its native decentralized stablecoin, UZD, which is supported by LP tokens from Curve Finance, Convex, Stake DAO, and Goldfinch.
Earlier today, it was reported that Zunami Protocol suffered an attack, resulting in a loss exceeding 2.1 million USD. Analysis from PardShield suggests that this is a case of price manipulation, with the price being falsely calculated through donations.
In October last year, Zunami Protocol announced the launch of its native decentralized stablecoin, UZD, which is supported by LP tokens from Curve Finance, Convex, Stake DAO, and Goldfinch.
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