“The council is focused on digital assets and related risks such as from runs on crypto-asset platforms and stablecoins, potential vulnerabilities from crypto-asset price volatility, and the proliferation of platforms acting outside of or out of compliance with applicable laws and regulations,” she said in the testimony prepared for delivery, which was posted on the committee’s website.
Sonne Finance Token Drops 60% After $20M Exploit on Optimism
The exploiters utilized a “donation” attack to manipulate certain markets offered by the platform, stealing various tokens before being interrupted....