• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Safe Dollar (SDO) on Polygon was “mined” $ 248,000, token value dropped to 0

190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

The Safe Dollar (SDO) algorithmic stablecoin undertaking developed on Polygon (MATIC) seems to have run into bother when $ 248,000 was immediately withdrawn from the good contract, inflicting the token value to drop to 0.

Related articles

Bitcoin is at $67K but analysis warns BTC price could drop 10% next

Bitcoin is at $67K but analysis warns BTC price could drop 10% next

May 20, 2024
Avalanche (AVAX) price is among the few altcoins that have dropped sharply

Avalanche (AVAX) price tag is amid the couple of altcoins that have dropped sharply – Bitcoin News 2024

April 16, 2024
Safe Dollar (SDO) on Polygon was “mined” $ 248,000, token value dropped to 0

This morning (June 28), Safe Dollar’s good contract recorded two withdrawals of $ 248,000 in USDT and USDC respectively. The undertaking didn’t announce this on its official Twitter web page and solely left a message on the Telegram group that Safe Dollar was hacked and suggested customers to cease SDO trading.

Immediately after the announcement, the SDO’s worth dropped to zero, in keeping with info from the Safe Dollar web site.

Notably, this is not the primary time Safe Dollar has been “hacked” in current occasions. On June 22, Safe Dollar was hacked with almost $ 95,000 in damages.

At the time of writing, Safe Dollar has not offered additional info on the standing of the undertaking.

Synthetic foreign money 68

Maybe you have an interest:

Join the chat group Coinlive Chats Now let’s focus on the recent matters of the DeFi market with the Coinlive directors !!!

.

[ad_2]

Tags: Coin NewsDollardroppedminedPolygonPricesafeSDOToken
Share76Tweet48

Related Posts

Trump’s Plan to End Musk’s Government Subsidies Sparks Market Reaction

by shark
June 6, 2025
0

Donald Trump proposes terminating Elon Musk's government subsidies, affecting markets and contracts.

Circle’s Stock Soars on NYSE Debut

by shark
June 6, 2025
0

Circle's stock opened at $69 on its NYSE debut, showcasing strong investor interest and marking a significant step in the...

Trump-Musk Relationship Strained Amid Policy Disagreements

by shark
June 6, 2025
0

Former President Donald Trump and Elon Musk are experiencing a strained relationship following U.S. policy disagreements, particularly concerning electric vehicle...

Tether Invests in Shiga Digital, Expanding African Blockchain Services

by shark
June 6, 2025
0

Tether announces investment in Shiga Digital to enhance financial services in Africa, focusing on blockchain and USDT integration for cross-border...

Total Crypto Trading Volume Reaches $80 Trillion Milestone

by shark
June 6, 2025
0

Crypto trading volume hit $80 trillion, highlighting increased institutional investment and market volatility.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Trump’s Plan to End Musk’s Government Subsidies Sparks Market Reaction
  • Circle’s Stock Soars on NYSE Debut
  • Trump-Musk Relationship Strained Amid Policy Disagreements
  • Tether Invests in Shiga Digital, Expanding African Blockchain Services
  • Total Crypto Trading Volume Reaches $80 Trillion Milestone
  • Hong Kong Legalizes Crypto Derivatives for Professional Investors
  • Record $1.19 Billion Crypto Options Trade Executed
  • Qubetics Gains Traction as HYPE and Tron Respond to Market Shifts: The Next Best Crypto to Buy in 2025
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7