Merlin Chain ecological DeFi project Mineral: Official liquidity LP pool attacked, assets stolen

2024-04-16 14:16:38
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ChainCatcher news, the DeFi project Mineral from the Merlin Chain ecosystem announced on platform X that the liquidity LP pool deployed by the project suffered unauthorized access, and all liquidity added by the official has been withdrawn. Mineral has initiated an emergency investigation and reported to the Merlin Security Committee. The project has filed a report, and is collaborating with SlowMist and BEOSIN on-chain to recover assets.

Mineral stated that the LP pool that was attacked and stolen primarily came from the official. If any user LP assets incurred losses during this attack, the official will provide full compensation. The project contract and treasury are safe, and all staked assets have not been affected; only the LP wallet was attacked, and the distribution of mining rewards and other assets will not be impacted. The yellow crystal computing power will go live today as originally planned.

In addition, Mineral will gradually add liquidity LP after the situation becomes clearer. Currently, the LP pool depth is insufficient, and users are advised not to add liquidity.

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