The post Zumani’s Curve Pool is Hacked; Over $2.1 Million has been Stolen! appeared first on Coinpedia Fintech News
Blockchain security firms PeckShield and Ironblocks estimate that over $2.1 million was stolen from Zumani’s Curve Pool due to a price manipulation issue. The theft highlights the importance of strong security measures in the blockchain industry. Companies and investors must remain vigilant to safeguard their assets and prevent such incidents from occurring in the future. The stolen funds were reportedly taken from the decentralized exchange’s liquidity pool, which allows users to swap various cryptocurrencies. The incident highlights the ongoing security concerns over cryptocurrencies and decentralized exchanges. Zumani has yet to release an official statement on the matter.
Source: https://coinpedia.org/crypto-live-news/zumanis-curve-pool-is-hacked-over-2-1-million-has-been-stolen/