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StakeDAO exploit creates 5.4 trillion vsdCRV but nets only $91K

Cointelegraph.com News·
StakeDAO exploit creates 5.4 trillion vsdCRV but nets only $91K
AI Analysis

A recent exploit in StakeDAO led to the creation of 5.4 trillion vsdCRV tokens, but the attacker was only able to convert a small portion into 43.7 ETH, worth approximately $91,000. Most of the minted tokens lacked sufficient liquidity for further sales, highlighting vulnerabilities in the protocol.

Key Topics

StakeDAOvsdCRVPeckShieldEmberCN

Originally reported by Cointelegraph.com News. Read the full article ↗

StakeDAO exploit creates 5.4 trillion vsdCRV but nets only $91K | AI Crypto Daily Wire