Audited does not mean secure

Audited does not mean secure

a year ago
Anonymous $KxGqLmj_R3

https://www.bleepingcomputer.com/news/security/level-finance-crypto-exchange-hacked-after-two-security-audits/

Hackers exploited a Level Finance smart contract vulnerability to drain 214,000 LVL tokens from the decentralized exchange and swapped them for 3,345 BNB, worth approximately $1,100,000.

While Level Finance said the attack did not affect its liquidity pool and the DAO treasury, and the exploit was isolated from all other contracts, the LVL token lost roughly 50% of its value immediately after the attack was made known.

Audited does not mean secure

May 2, 2023, 11:14pm UTC
https://www.bleepingcomputer.com/news/security/level-finance-crypto-exchange-hacked-after-two-security-audits/ > Hackers exploited a Level Finance smart contract vulnerability to drain 214,000 LVL tokens from the decentralized exchange and swapped them for 3,345 BNB, worth approximately $1,100,000. > While Level Finance said the attack did not affect its liquidity pool and the DAO treasury, and the exploit was isolated from all other contracts, the LVL token lost roughly 50% of its value immediately after the attack was made known.