DeFi Protocol 0VIX Loses Nearly $2M in Flash-Loan Exploit

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DeFi Protocol 0VIX Loses Nearly $2M in Flash-Loan Exploit
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.0xPolygon-based DeFi protocol 0vixProtocol has paused all operations after being hit by a nearly $2 million flash loan exploit. By oknightcrypto.

before the exploit. That figure has now slumped to $1.7 million as investors rapidly withdrew their capital.suffering a $2 million rug pull on Wednesday.

0VIX confirmed the attack on Twitter, stating that it is"working with its security partners to look into the current situation." "Only POS has been currently affected but zkEVM has been paused as a precaution and will likely be enabled shortly again," it added.

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