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Learning & News => News related to Crypto => Topic started by: sirty143 on March 24, 2022, 03:18:00 AM

Title: Solana-Based Cashio App Hit With an 'Infinite Mint Glitch,' CASH Stablecoin Drop
Post by: sirty143 on March 24, 2022, 03:18:00 AM
(https://i.imgur.com/N3MoZLjm.jpg)

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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