Liquity USD

<ul><li>Linear Finance&#39;s security breach completely depletes $LUSD liquidity on major exchanges, sending shockwaves through the crypto community.</li><li>The value of $LUSD crashed to zero following the attack, causing significant financial losses for investors and users.</li><li>The incident sheds light on the vulnerabilities within DeFi platforms, prompting concerns about the overall trustworthiness of the cryptocurrency market.</li></ul>In a shocking turn of events, Linear Finance, a blockchain-based decentralized finance (DeFi) platform that offers a seamless and efficient way to create, manage, and trade synthetic assets on various blockchain networks, reported a devastating attack that completely drained all $LUSD liquidity on PancakeSwap and Ascendex. The aftermath of this unprecedented incident has left the crypto community in disbelief, as the price of $LUSD plummeted to an astonishing zero.CoinGecko, a prominent cryptocurrency information platform, reported the critical incident involving Linear Finance and the total depletion of $LUSD liquidity.Read full article at<a href="https://cryptotale.org/massive-attack-drains-lusd-liquidity-plummeting-its-price-to-zero/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Massive Attack Drains $LUSD Liquidity, Plummeting Its Price to Zero

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