Level Finance Suffers $1 Million Loss in a Security Breach; LVL Token Plummets by 15.51%
Crypto News

Level Finance Suffers $1 Million Loss in a Security Breach; LVL Token Plummets by 15.51%

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1 year ago

Decentralized exchange Level Finance suffered a security breach resulting in the loss of over $1 million worth of its native token, LVL.

Level Finance Suffers $1 Million Loss in a Security Breach; LVL Token Plummets by 15.51%

SNEAK PEEK

  • Level Finance experienced a security breach resulting in the loss of over $1 million worth of its native token, LVL.
  • The breach was caused by a critical bug in the “LevelReferralControllerV2” smart contract.
  • The hackers stole 214,000 LVL tokens from the network and converted them into 3,345 Binance Coins (BNB).

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