Declaring that he stopped borrowing with his statement during the day, TenderFi‘s token TND, fell 34 percent in value.
DeFiof the protocols TenderFi , with his statement, created fear in investors. A hacker with a white hat Only One pieceDespite depositing GMX tokens, he received $1.59 million borrowing fund, TenderFiactivated it. TenderFiteam shared on social media to investors calling out “We started investigating the staggering amount of borrowing coming into the protocol, stopping all borrowing activities throughout the process. Thank you for your patience.”said.
TenderFi Continues to Have Problems with Borrowing
With the hacker’s move, only one GMXdespite depositing the token one, 59 million dollar borrowing fundIt had a huge impact in the industry. TenderFiofficials, on the other hand, clarified the issue and announced that the work on the problem continues, but that the borrowing activities were canceled during this process.
TenderFi The statements made by the officials, on the other hand, garnered the reaction of the investors. Popular crypto exchange UniSwaptraded in TenderFi‘s token TND, up to $1.80 instantly collapse lived . Looking at the current situation TNDIt is trading at $2.66.
