Celo Protocol Moola Market Loses Over $10M in Market Manipulation Attack

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The attacker borrowed a large amount of cUSD and cEUR, two Celo-based stablecoins pegged to U.S. dollar and euro respectively, and CELO from the protocol using MOO as collateral, effectively draining the protocol of its funds. Trading on the platform was stopped at that time.



Source link Coin Desk

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