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Rari Capital Reports Exploit in ETH Pool; $15M Taken
Updated Sep 14, 2021, 12:52 p.m. Published May 8, 2021, 4:51 p.m.
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Rari Capital announced there was an exploit in the Rari Capital ETH Pool related to its Alpha Finance Lab integration. In response, the rebalancer has removed all funds from Alpha.
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There has been an exploit in the Rari Capital ETH Pool related to our @AlphaFinanceLab integration.
— Rari Capital DAO (@RariCapital) May 8, 2021
The rebalancer has removed all funds from Alpha in response.
We are currently investigating the situation and a full report will be shared once everything is assessed.
- According to Etherscan, $15 million worth of ether was taken.
- The price of the Rari Governance Token (RGT) fell more than 50%, from $17 to $8, before rebounding. It's currently trading at about $12.01.
