The recently launched decentralized finance (DeFi) project DEGO Finance was hacked. The news of the attack was announced on the official Twitter account of DEGO Finance.
The decentralized finance (DeFi) project Dego Finance was hacked this morning. Following the news of the hack, the DEGO Finance team collaborated with major exchanges like Binance to cover DEGO deposits. According to the sharing made by the DEGO Finance team; It was stated that the attack was detected and in addition to Binance, Kucoin and Gate.io were also contacted. In addition, it was said that the address providing liquidity in UniSwap and PancakeSwap was seized.
DEGO price dropped
Also after the news of the attack, DEGO Finance (DEGO) experienced a 10 percent drop. If we look at the latest situation of DEGO, the cryptocurrency of the DeFi protocol; DEGO is trading at $4.07 on CoinMarketCap at the time of writing.
Finally, there has been no explanation yet about the size of the damage caused by the hack. The DEGO Finance team continues to work on this issue without slowing down.
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