Linear Finance’s LUSD Stablecoin Under Potential Exploit Attack

Linear Finance’s LUSD Stablecoin Under Potential Exploit Attack

Linear Finance says it is looking into reports of a possible exploit assault on LUSD.
Users have been urged  to refrain from purchasing or trading LUSD until further notice.
Linear Finance suddenly announced today through twitter that its native stablecoin, LUSD, may be vulnerable to an exploit assault. The team has taken swift action in response, which has caused widespread alarm among crypto users.

Urgent Update Re $LUSD
The Linear stable coin $LUSD appears to be under an exploit attack. While the team investigates, DO NOT BUY LUSD, DO NOT TRADE $LUSD
Liquidations are paused and users accounts are not at risk.
Further updates will follow.
— Linear Finance (@LinearFinance) September 21, 2023
As events evolve, Linear Finance says it is looking into reports of a possible exploit assault on LUSD. In light of this disturbing turn of events, the project has issued a severe warning to its users, urging them to refrain from purchasing or trading LUSD until further notice. This advice

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We współpracy z: https://thenewscrypto.com/linear-finances-lusd-stablecoin-under-potential-exploit-attack/

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