coinpedia
2024-10-19 06:30:18

TAP Price Falls by 96% as Tapioca DAO Suffers $4.5 Million in Hack

The post TAP Price Falls by 96% as Tapioca DAO Suffers $4.5 Million in Hack appeared first on Coinpedia Fintech News The Tapioca DAO has recently lost $4.5 million to a crypto hack; the consequence of which has been a 96.9% drop in the value of the TAP token. The hacker took advantage of the five vesting and stablecoin smart contracts in the DAO to siphoned 30 million TAP tokens. TAP for instance reduced its price …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.