Loopring Network Hit By $5M Hack, Market Cap Drops Amidst FUD

Loopring Network Hit By $5M Hack, Market Cap Drops Amidst FUD

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Source: TheMerkle.com

Loopring’s network suffered a significant breach, with hackers stealing over $5 million. This incident has led to a predictable drop in Loopring’s market cap, as trust among the crypto community has diminished.

The ensuing Fear, Uncertainty, and Doubt (FUD) has compounded a 22% decline in $LRC over the past four days, potentially presenting a buying opportunity amid widespread fear.

➰😱 Loopring's network was compromised by a hack valued at

Read More https://themerkle.com/loopring-network-hit-by-5m-hack-market-cap-drops-amidst-fud/

The post "Loopring Network Hit By $5M Hack, Market Cap Drops Amidst FUD" appeared first here TheMerkle.com.

Source: TheMerkle.com

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