🚨 WLFI’s USD1 stablecoin faced a brief coordinated attack, dipping to $0.997 before bouncing back near $1. Cofounder accounts were hacked, and shorting attempts failed. Peg restored; reserves fully backed. #USD1 #Stablecoin #Crypto
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🚨 WLFI’s USD1 stablecoin faced a brief coordinated attack, dipping to $0.997 before bouncing back near $1. Cofounder accounts were hacked, and shorting attempts failed. Peg restored; reserves fully backed. #USD1 #Stablecoin #Crypto