May 2 2024: Following a $1.6 million exploit on April 30, decentralized finance (DeFi) protocol Pike has issued a clarification regarding its previous statement concerning a vulnerability discovered in USDC Coin (USDC).
In an announcement on May 1, Pike emphasized that the exploit was linked to a specific vulnerability related to USDC. The platform clarified that USDC’s product offerings were not implicated in the security breach experienced by the network.
Source: Pike Finance Read More on Cointelegraph