Rari Capital Reports Exploit in ETH Pool; $15M Taken
May 8, 2021 at 4:51 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KM5JURVIKFG2HNBCCAQ43QBNGM.jpg)
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Rari Capital announced there was 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.
- According to Etherscan, $15 million worth of ether was taken.
- The price of the Rari Governance Token (RGT) fell more than 50%, from $17 to $8, before rebounding. It's currently trading at about $12.01.
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