Monday, 28 June 2021

Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price Collapses A Polygon (MATIC) blockchain-based stablecoin called safedollar (SDO) has lost all of its value, according to crypto market aggregation sites and even the official website safedollar.fi. The website shows the price per SDO is zero and members of the algorithmic defi stablecoin community got wind of an attack via…

The post Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit appeared first on Technology Manias.



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