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AAVE Endures This Exploit With Minor Injuries, but What Explains the 40% Drop

  • AAVE’s suffers an attack at the hands of the Mango Markets hacker  
  • Aave suffered minimal losses, with no impact on the price of the AAVE token

The cryptocurrency market has taken a beating recently, and many projects are struggling due to low liquidity. An attempt was made to exploit Aave, which would have been a major setback for the crypto space. In particular, the Defi sector. Aave claimed to have suffered only minor damage as a result of the exploit’s failure.

(by Suzuki Shillsalot)

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