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A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s total value locked (TVL) dropped from over $28 million to $579,701 and the project’s stablecoin shuddered from $1 per token to zero. See more for yourself here (https://news.bitcoin.com/solana-based-cashio-app-hit-with-an-infinite-mint-glitch-cash-stablecoin-drops-to-zero/).
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