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Degen Chain User Loses 90% of Funds, Users In Trouble?

source-logo  coingape.com 16 July 2024 15:34, UTC

A Degen Chain user has lost 90% of his assets totaling 785,000 DEGEN due to a spillage difference in cross-chain transactions. The transaction of DEGEN from the chain to Base encountered issues as a result of poor liquidity in previous chain transactions. The incident sparked reactions from the crypto community as security incidents continue to dampen sentiments.

coingape.com