Uniswap volumes bump to $2 billion after attack on DeFi project Harvest Finance
BTC $13,059 (+0.3%) • ETH $392 (-3.7%) • XRP $0.25 (-1.9%)
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Harvest Finance, a decentralized finance (DeFi) project led by an anonymous team, was attacked using a flash loan exploit earlier today leading to millions of dollars worth of FARM tokens stolen by hackers and its prices falling over 60% at press time.
“The economic attack was performed through the curve y pool, stretching the price of the stablecoins in Curve out of proportion and depositing and withdrawing a large number of assets through harvest,” explained the Harvest Finance team in a tweet.
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