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stablecoin undertaking developed on Polygon (MATIC) seems to have run into bother when $ 248,000 was immediately withdrawn from the good contract, inflicting the token value to drop to 0.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

Bitcoin Faces Volatile Market as Net Taker Volume Surges

by shark
June 27, 2025
0

Bitcoin nears a volatile market shift as the Net Taker Volume on Binance exceeds $100M.

OORT DataHub Launches DeAI App on Binance Wallet

by shark
June 27, 2025
0

OORT DataHub integrates its DeAI dApp on Binance Wallet, reaching 486 million users.

World Liberty Financial Prepares WLFI Transferability Amid Rising Demand

by shark
June 27, 2025
0

World Liberty Financial to make WLFI tokens transferable, spurring institutional interest and market activity.

Metaplanet Surpasses Tesla in Bitcoin Holdings

by shark
June 27, 2025
0

Metaplanet Inc., a Japan-listed firm, eclipses Tesla Inc. in Bitcoin holdings with a strategic acquisition, impacting market sentiment and stock...

Binance Delists Five Tokens, Ending Spot Trading Soon

by shark
June 27, 2025
0

Binance will end spot trading for tokens ALPHA, BSW, KMD, LEVER, and LTO based on an official announcement.

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

  • Bitcoin Faces Volatile Market as Net Taker Volume Surges
  • OORT DataHub Launches DeAI App on Binance Wallet
  • Qubetics Nears $0.40 Listing as Solana and Avalanche Shift During Ceasefire – Next Bull Run Crypto?
  • World Liberty Financial Prepares WLFI Transferability Amid Rising Demand
  • Metaplanet Surpasses Tesla in Bitcoin Holdings
  • Binance Delists Five Tokens, Ending Spot Trading Soon
  • Deribit and SignalPlus Launch $300K Trading Contest
  • Metaplanet Acquires 1,234 BTC Amid Profitable Strategy
  • 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