Perpetual DEX Suffers Economic Exploit from Low-Liquidity Asset Manipulation
The liquidation engine was exploited by manipulating a low-cap asset's price, forcing the protocol to absorb $4.9 million in bad debt.
Bitcoin Plunges after DeFi Exploit and Market Deleveraging
A significant DeFi exploit combined with existing market pressures caused Bitcoin to sharply decline, wiping billions from the crypto market.
