zunami-protocol-confirms-stablecoin-pools-attacked,-$2.1m-loss-estimated

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Published Aug 13, 2023 08:35PM ET Updated Aug 13, 2023 10:20PM ET

Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated

Decentralized finance protocol Zunami Protocol has advised users not to buy any of its Zunami Ether (zETH) or Zunami USD (UZD) stablecoins, after encountering an attack on its “zStables” pools on Curve Finance.

On Aug. 13, Zunami confirmed on X (Twitter) that its stablecoin pools had encountered an attack, adding that collateral remains secure as it begins an investigation into the potential exploit.

Zunami’s zETH and UZD Curve pools have been flagged with red exclamation marks on Curve. Source: Curve Finance

Continue Reading on Coin Telegraph

Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated

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