Level Finance confirms $1M exploit due to buggy smart contract By Cointelegraph

[ad_1]



Decentralized exchange Level Finance has experienced a security breach allowing an attacker to steal more than $1 million of the exchange’s native Level Finance (LVL) token.

Level Finance informed its 20,000 Twitter followers that more than 214,000 of the exchange’s LVL tokens had been drained and swapped into 3,345 (BNB), with an approximate value of $1.01 million.