Solanas Loopscale halts lending following $5.8 million cyberattack
Solana’s lending platform, SolRazr, has temporarily stopped its services after a hack resulted in a loss of $5.8 million. This incident has raised concerns regarding the security of decentralized finance (DeFi) platforms. The exploit occurred due to a vulnerability in the smart contract used by SolRazr, allowing the hacker to drain funds from the platform. [...]
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