Stablecoin Cashio on Solana exploited for $28 million in 'infinite mint glitch'
A stablecoin on the Solana blockchain has been exploited for $28 million and lost practically all of its value.
The exploit happened shortly after 9:00 AM UTC. The total value locked within the protocol fell from $28.87 million to $569,000.
At the same time, the price of the stablecoin dropped from $1 to practically zero.www.theblockcrypto.com/post/13…t-glitch