🚨🚨 Breaking 🚨🚨

Attack on Onyx caused VUSD stablecoin to crash 📉 $Onyx

📢 The DeFi platform Onyx, owned by JP Morgan, was hacked for the second time this year.

➡️ The hacker exploited a known vulnerability in the protocol and seized several crypto assets valued at $3.8 million.

➡️ The exploit was accompanied by malicious activity on social media, where asset holders on Onyx were offered to transfer their assets to fake addresses.

➡️ As a result of the attack, Onyx's native stablecoin, VUSD, lost its peg, dropping to $0.28, but at the time of writing, it had recovered to $0.55.

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