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Rari Capital Reports Exploit in ETH Pool

source-logo  coindesk.com 08 May 2021 17:27, UTC

Rari Capital announced there’s been 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.

  • The price of the Rari Governance Token (RGT) fell more than 50% from $17 to $8 before rebounding. It's currency trading at about $12.01.

This story is developing and will be updated when more is known.