Rari Capital announced there’s been an exploit in the Rari Capital ETH Pool related to its Alpha Finance Lab integration. In response, the rebalancer has removed all funds from Alpha.
- The price of the Rari Governance Token (RGT) fell more than 50% from $17 to $8 before rebounding. It's currency trading at about $12.01.
This story is developing and will be updated when more is known.
Disclosure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.