đź”´ May 3's Top Cyber News NOW! - Ep 358
Daily Cyber Threat Brief
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The Level Finance Decentralized Crypto Exchange Has Been Hacked After Two Security Audits
Crypto exchange hacked after two security audits hackers exploited a vulnerability and the level finance decentralized crypto exchange to drain 214 000 tokens And swap them for finance coin worth approximately 1.1 million dollars The company said the attack did not affect its liquidity pool or the dao treasury However, its tokens lost roughly 50% of their value immediately after the news of the attack went public. Although level finance had undergone two independent audits this year The hackers still found a way to exploit the exchange using bugs that had not been identified.
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