Level Finance Loses Over $1 Million in Smart Contract Exploit By CoinEdition
Level Finance Loses Over $1 Million in Smart Contract ExploitDeFi exchange Level Finance has lost more than $1 million to an exploit due to a bug in its smart contract.
The DEX has assured that the exploit was isolated and that liquidity providers and DAOs remain unaffected.
Level Finance’s native token LVL tanked as much as 50% following the exploit.Level Finance, the decentralized crypto derivatives exchange built on the BNB Chain, has been exploited to the tune of over a million dollars. The attacker reportedly exploited a vulnerability in one of the DeFi exchange’s smart contracts, which allowed…
