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Solana stablecoin project cashio multimillion dollar

USDC Is One of the Most Secure and Trusted rainer-daus.de · Convert · Buy. AdUSDC Is a Leading Dollar Digital Stablecoin. Get Started With A Circle Account Today. rainer-daus.de Solana Stablecoin Project Cashio Plummets. 24 thg 3, Solana Stablecoin Project Cashio Plummets To Zero After Multi-Million Dollar Hack. With multiple settings you will always find the most relevant results. Google Images is the worlds largest image search engine. . Google Images is revolutionary in the world of image search. Image: Shutterstock. Solana Stablecoin Project Cashio Plummets to Zero After Multi-Million Dollar Hack Cashio, a Solana-based stablecoin project, has been looted for millions after attackers leveraged an “infinite mint glitch.” By Tim Hakki Mar 23, 2 min read Some of these attacks demonstrated the growing skills of hackers. Image: Shutterstock. Solana Stablecoin Project Cashio Plummets to Zero After Multi-Million Dollar Hack Cashio, a Solana-based stablecoin project, has been looted for millions after attackers leveraged an "infinite mint glitch." By Tim Hakki Mar 23, 2 min read Some of these attacks demonstrated the growing skills of hackers. Image: Shutterstock. Solana Stablecoin Project Cashio Plummets to Zero After Multi-Million Dollar Hack Cashio, a Solana-based stablecoin project, has been looted for millions after attackers leveraged an “infinite mint glitch.” By Tim Hakki Mar 23, 2 min read Some of these attacks demonstrated the growing skills of hackers. Cashio, a Solana-based stablecoin project, has been looted for. Solana Stablecoin Project Cashio Plummets to Zero After Multi-Million Dollar Hack - Decrypt.

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    • Decrypt reports: Cashio developer 0xGhostChain took to Twitter to. Solana Stablecoin Project Cashio Plummets To Zero After Multi-Million Dollar Hack (rainer-daus.de) The price of Cashio's dollar-pegged stablecoin CASH has fallen from $1 to $ after an "infinite mint glitch" enabled attackers to mint tokens without providing collateral. Cashio Dollar is a Solana-native stablecoin launched in November Typically, anyone can mint CASHby first depositing Saber USDT-USDC liquidity provider (LP) tokens. Saber is a decentralized exchange on Solana, akin to Uniswap. The project has not responded to Decryptto confirm the scale of the attack. Cashio . The price of Cashio's dollar-pegged stablecoin CASH has fallen from $1 to $ after an "infinite mint glitch" enabled attackers to mint tokens without providing collateral.. This information is provided by the owner of the associated project and is not Cashio is a decentralized stablecoin fully backed by interest-bearing. . Find more information on solana stablecoin project cashio multimillion dollar on Bing. Bing helps you turn information into action, making it faster and easier to go from searching to doing. Cashio, a stablecoin on the Solana blockchain, was exploited for almost $28 million on March The protocol has lost. Cashio Dollar is an algorithmic stablecoin backed by USDT-USDC LP tokens. Still, Samczsun, a research partner at Web3 investment firm Paradigm, shared a bleaker picture on Twitter today. The researcher wrote: "Another day, another Solana fake account exploit. According to DeFiLlama, roughly $28 million of value has been drained from Cashio's protocol due to the exploit. Through this, they hoped to convince people to spend hundreds of dollars on "Solana Stablecoin Project Cashio Plummets to Zero After Multi-Million. . Reddit is a social news website where you can find and submit content. You can find answers, opinions and more information for solana stablecoin project cashio multimillion dollar. The total damage wrought by that attack was $3 million. Cashio Dollar, a stablecoin native to the Solana protocol, launched back in November Image Credits: Pixabay. Back in December , some DeFi developers attacked the DeFi insurance project, Cover, subsequently minting fake tokens to provide liquidity to Balancer. As a result of the "infinite mint glitch," the attackers were able to loot countless tokens via minting, and without providing collateral. CASH, a dollar-pegged stablecoin of Cashio, recently plummeted from $1 to $ following a multi-million-dollar hack. 24 thg 3, Tim Hakki reports—“Stablecoin Project Cashio Plummets to Zero”: Cashio Dollar is a Solana-native stablecoin launched in November You will always find what you are searching for with Yahoo. . Find all types of results for solana stablecoin project cashio multimillion dollar in Yahoo. News, Images, Videos and many more relevant results all in one place. The exploit happened shortly after Cashio Dollar (CASH) is an algorithmic stablecoin that was launched by a developer called 0xGhostChain in November Anyone can mint tokens by depositing liquidity tokens for the two stablecoins UDST and USDC from the Saber platform. They can redeem the stablecoin for the underlying liquidity tokens. Cashio Dollar (CASH) is an algorithmic stablecoin that was launched by a developer called 0xGhostChain in November Anyone can mint tokens by depositing liquidity tokens for the two stablecoins UDST and USDC from the Saber platform. A stablecoin on the Solana blockchain has been exploited for $28 million and lost practically all of its value. A DeFi project running on Solana gets exploited, sending its stablecoin down, down, Cashio's dollar-pegged stablecoin CASH fell from $1 to $ in a. Find the latest news from multiple sources from around the world all on Google News. . Detailed and new articles on solana stablecoin project cashio multimillion dollar. Saber Labs, who backed the protocol, revealed that they won't be able to refund investors. Cashion was unaudited and there was a missing validation code that caused the hack. Cashio is a stablecoin project on the Solana blockchain that has been hacked for more than. Cashio, a stablecoin platform on Solana, has been has hacked for $ million. hide. Solana Stablecoin Project Cashio Plummets to Zero After Multi-Million Dollar Hack - Decrypt. report. Sort by: best. share. % Upvoted. save. no comments yet. Be the first to share what you think! View discussions in 2 other communities. rainer-daus.de 0 comments. 23 thg 3, The protocol in question, Cashio, is a decentralized platform that allows users to mint and burn the CASH stablecoin, a Solana-native stablecoin. Wikipedia is a free online ecyclopedia and is the largest and most popular general reference work on the internet. . Search for solana stablecoin project cashio multimillion dollar in the English version of Wikipedia.
  • Peak. The blog post was prepared on March 26, three days after Cashio, one of Ian's secretly built protocols, lost $52 million in a hack. Two close to the matter confirmed the draft's authenticity.
    • The attacker left a note in the input data of their Ethereum transactions that "Account with less k have been returned. stablecoin project. all other money will be donated to charity." Saber, the providers of the Cashio. They were able to pull around $50 million out of the platform, while also tanking the value of the $CASH token in the process. 5 thg 8, “I devised a scheme that maximizes Solana's TVL: I will build one of the friends founded Cashio, a stablecoin project backed by Sabre LP. . Dailymotion is the best way to find, watch, and share the internet's most popular videos about solana stablecoin project cashio multimillion dollar. Watch quality videos about solana stablecoin project cashio multimillion dollar and share them online. Cashio Dollar (CASH) is an algorithmic stablecoin that was launched by a developer called 0xGhostChain in November Anyone can mint tokens by depositing liquidity tokens for the two stablecoins UDST and USDC from the Saber platform. A stablecoin on the Solana blockchain has been exploited for $28 million and lost practically all of its value. March 23, A Robin Hood-esque attacker steals $52 million from Cashio, then returns smaller amounts and pledges to donate the rest to charity A hacker was able to exploit an infinite mint glitch in the protocol of Cashio, a Solana stablecoin project. 24 thg 3, Solana blockchain-based stable coin project Cashio suffered an exploitation attack due to the 'infinite mint glitch', losing nearly $ Two close to the matter confirmed the draft’s authenticity. Peak. The blog post was prepared on March 26, three days after Cashio, one of Ian’s secretly built protocols, lost $52 million in a hack. The algorithmic stablecoin Cashio Dollar was hacked on March 23 when a malefactor found a flaw in the protocol that allowed them to mint as many tokens as possible without providing the $USDT- $USDCcollateral needed. After exploiting the $CASHstablecoinfor $52 million, the hacker is apparently returning part of the funds to those affected the most.