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Rari Capital Reports Exploit in ETH Pool; $15M Taken

May 8, 2021 at 4:51 p.m. UTC
Updated Sep 14, 2021 at 12:52 p.m. UTC

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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