Eclipse Fi: Liquidity has been withdrawn from Camelot due to the Algebra attack. Users are advised not to trade for the time being.
Cosmos ecosystem Eclipse Fi stated on X platform that due to the hacker attack on the Algebra DEX Engine affecting Camelot, its MM (market maker) has temporarily withdrawn liquidity from Camelot and advised users to withdraw liquidity from the pool/farm until the team confirms everything is safe. Eclipse Fi also reminded users not to trade in the pool until all risks are removed, as liquidity will be low. Earlier today, it was reported that the Algebra attacker stole $3.4 million in cryptocurrency and cross-linked it from Arbitrum to Ethereum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x ROBO: Trade futures to share 340,000 ROBO!
OPNUSDT now launched for pre-market futures trading
Join the BGB holders group—unlock Spring Festival Mystery Boxes to win up to 8888 USDT and merch from Morph
Trading Club Championship (Margin)—Trade to share 58,000 USDT, with up to 3000 USDT per user!
