From $63 to $0 in a flash ! On Polygon network

in LeoFinance3 years ago

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Good day to you ! This morning I found out about another crazy hack which happened on the Polygon network (MATIC) with the IRON Finance project where everything in the pools got drained.

Don't really know the full details as of yet however there is so much hate going on in their telegram channel now.

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Hackers must be making a ton load of money from all these hacks. Its literally crazy !!!

So before you invest in anything ... please please don't place in more then you can afford to loose.

Cheers all and have a brillant day ahead.

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I saw posts about it earlier....it’s crazy, it will be more crazy if we eventually learn these group of hackers are the same groups that have been behind most hacks!

Only if they will come together to be white hat hackers and get paid for spotting loopholes and closing them....but....humans will be humans

Posted Using LeoFinance Beta

Wild! Thankfully I steered clear of Iron.
Didn’t seem like a hack though, more like an exploit of poorly created tokenomics

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i didn't really read this till now. its pretty interesting and seems like its a perfect setup for a rugpull eh

Posted Using LeoFinance Beta

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This is crazy!