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Clober’s liquidity vault hacked, losing 500,000 USD

Clober’s vault hacked for 133 ETH: Hackers breached Clober’s liquidity vault, stealing 133 ETH, equivalent to about 500,000 USD. This stark occurrence underscores the ongoing security challenges facing the cryptocurrency sector. The breach drew attention to the urgent need for improved security measures.

Need improved crypto security: The stolen ETH was quickly moved from the Base network to Ethereum, highlighting the pressing vulnerabilities within crypto infrastructures. Developers and stakeholders must strengthen protective strategies to ensure digital asset safety amidst the continued growth of the crypto market.

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