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Cross-Chain Yield Protocol Force DAO Exploited, FORCE Token Plummeted By Over 80%
Summary: Cross-chain yield agreement Force DAO stated that around 7:06 am UTC on Sunday, five hackers exploited the xFORCE contract. The price of the native token FORCE plummeted, falling by more than 80% in the past 24 hours. The team stated that all funds on the platform were safe except xFORCE was affected, and FORCE tokens ...
Cross-chain yield agreement Force DAO stated that around 7:06 am UTC on Sunday, five hackers exploited the xFORCE contract.
The price of the native token FORCE plummeted, falling by more than 80% in the past 24 hours.
The team stated that all funds on the platform were safe except xFORCE was affected, and FORCE tokens totaling 183 ETH (about $367,000) were liquidated. One of the hackers has returned the stolen funds.
The agreement has begun an internal reorganization, and a further plan will be announced in the next few days to make up for all affected FORCE holders and liquidity providers.
By Mary Liu
Tags: ETH,FORCE,Force DAO,Hack
Link: Cross-Chain Yield Protocol Force DAO Exploited, FORCE Token Plummeted By Over 80% [Copy]
