Eclipse Fi: Liquidity has been withdrawn from Camelot due to the Algebra attack. Users are advised not to trade for the time being.
Cosmos ecosystem Eclipse Fi stated on X platform that due to the hacker attack on the Algebra DEX Engine affecting Camelot, its MM (market maker) has temporarily withdrawn liquidity from Camelot and advised users to withdraw liquidity from the pool/farm until the team confirms everything is safe. Eclipse Fi also reminded users not to trade in the pool until all risks are removed, as liquidity will be low. Earlier today, it was reported that the Algebra attacker stole $3.4 million in cryptocurrency and cross-linked it from Arbitrum to Ethereum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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