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DeFi protocol Carrot becomes first casualty of $285M Drift exploit
Cointelegraph
1 day ago
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The DeFi protocol Carrot has set a May 14 withdrawal deadline as the protocol said it suffered a “catastrophic” impact from the $285 million Drift exploit that has made it unable to continue operating.
Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due to contagion from the Drift Protocol … [+2066 chars]
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