Linear Finance’ Stablecoin LUSD Crashes to $0 After Suspected “Exploit Attack”
The integrity of the stablecoin family has once again come into the limelight. This time, LUSD (ℓUSD), a dollar-pegged stablecoin issued by the blockchain platform Linear Finance, has drastically crashed to $0, losing its supposed parity to the U.S. dollar. LUSD Crashes to Zer0 The stablecoin’s price drop followed an announcement from Linear Finance on … Read more
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