2 years ago
The liquidity excavation for the DeFi task SafeMoon has been compromised, according to a March 28 statement by the task connected Twitter.
The task said it is taking steps to resoluteness the contented but gave fewer different details connected the matter. The eventual origin of the incidental is inactive unknown, and it is unclear however overmuch cryptocurrency —- if immoderate — has been stolen oregon recovered.
SafeMoon CEO John Karony (aka Captain Hodl) besides retweeted the project’s archetypal connection connected his ain Twitter relationship without further comment.
The compromise comes astatine an inopportune time: SafeMoon precocious promoted its information product, Orbital Shield. Though the contented does not look to beryllium related straight to Orbital Shield, the incidental whitethorn not animate assurance successful the project’s wider information efforts.
SafeMoon’s autochthonal token (SFM) does not look to person been wrong the hr pursuing the news. As of 11:15 p.m. UTC connected March 28, the token was down conscionable 0.4% implicit the past hour. However, the token has mislaid astir of its worth since its January 2022 launch.
SafeMoon is simply a DeFi-focused task that aims to connection investors a mode to gain involvement successful their concern done redistribution, LP acquisition, and token burns.
The station SafeMoon’s liquidity excavation compromised appeared archetypal connected CryptoSlate.
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