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Red-Hot DeFi Platform Usual Faces Backlash as Protocol Update Triggers Sell-Off

An unexpected change in the redemption mechanism of the protocol's yield-generating token caught investors off-guard, throwing the DeFi community into disarray.

FLASH: Balances on the Lightning Network can be revealed by relatively straightforward cyberattacks, researchers say. (Credit: Shutterstock)
The episode caused havoc in DeFi markets (Shutterstock)