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Optimism: Protocol Kokomo Finance initiates exit scam, all you need to know
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Not long after Euler Finance’s hack, the DeFi community was hit with another blow when Kokomo, a protocol on the Optimism [OP] network, initiated what appears to be an exit scam.
Read Optimism’s [OP] Price Prediction 2023-24
On 26 March, Twitter account CertiK Alert notified the community that Kokomo Finance had perpetrated an exit scam. This update was a follow-up to the initial post by CertiK, which highlighted a price slippage in the protocol. The alleged exit scam is said to have resulted in approximately $4 million in losses.
<p lang=«en» dir=«ltr» xml:lang=«en»>#CertiKSkynetAlert Read more on ambcrypto.comAbout this in other media
Euler Finance attack: How it happened, and what can be learned cointelegraph.com /1 year ago
Ethereum ‘re-staking’ protocol EigenLayer launches on testnet cointelegraph.com /1 year ago
9 examples of artificial intelligence in finance cointelegraph.com /1 year ago
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