{"id":198904,"date":"2021-09-13T23:00:50","date_gmt":"2021-09-13T22:00:50","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=198904"},"modified":"2021-09-17T23:53:00","modified_gmt":"2021-09-17T22:53:00","slug":"avalanche-avax-chains-zabu-finance-sees-a-3-2-million-exploit","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/avalanche-avax-chains-zabu-finance-sees-a-3-2-million-exploit\/","title":{"rendered":"Avalanche (AVAX) chain’s Zabu Finance sees a $3.2 million exploit"},"content":{"rendered":"

Zabu Finance, a decentralized finance (<\/span>DeFi<\/span><\/a>) protocol on Avalanche (<\/span>AVAX<\/span><\/a>)\u00a0 has recently been exploited for roughly $3.2 million worth of crypto tokens.\u00a0<\/span><\/p>\n

The exploited protocol confirmed the attack on Twitter, clarifying that the funds were stolen from its <\/span>SPORE<\/span><\/a> pool.<\/span><\/p>\n

What happened?\u00a0<\/strong><\/h2>\n

\u201cZabu Team Wallet has not sold a single Zabu. We're under an exploit, possibly from Spore Pool. We're investigating the exploit. Need help Pangolin, Trader Joe, Avalanche,\u201d Zabu Finance announced the exploit on Twitter, while reaching out to the network and the popular decentralized exchanges (<\/span>DEX<\/span><\/a>s).<\/span><\/p>\n

\n

Zabu Team Wallet has not sold a single Zabu. We're under an exploit, possibly from Spore Pool. We're investigating the exploit. Need help @pangolindex<\/a> @traderjoe_xyz<\/a> @avalancheavax<\/a> pic.twitter.com\/lKysK87InM<\/a><\/p>\n

— Zabu Finance ? (@zabufinance) September 11, 2021<\/a><\/p><\/blockquote>\n