Tag: SAFEMOON

Cryptocurrencies have captured the imagination of many investors in recent years, with the promise of high returns and decentralized systems offering an alternative to traditional financial institutions.

There are some people still investing in Safemoon.

A hacker who exploited a bug in SafeMoon’s smart contract and drained $8.9 million from its liquidity pool has agreed to return 80% of the stolen funds.

The attacker will be allowed to keep the remaining 20% of exploited crypto, according to SafeMoon developers.

SafeMoon’s latest post has been panned as a distraction by the community. It read: “New #SAFEMOON app builds submitted!

The SafeMoon community has slammed a meaningless update on the recent $9 million exploit. On March 28, the SafeMoon protocol suffered a contract vulnerability exploit.