News/Inverse Finance Temporarily Paused Borrowing Service

Inverse Finance Temporarily Paused Borrowing Service

Jun 16,2022,18:30
DeFi protocol Inverse Finance tweeted that, following an incident today where stablecoin $DOLA was removed from its money market Frontier, Inverse Finance has temporarily paused borrowing service. The team is investigating the incident and will provide more details. It also stated that no user funds were at risk. Earlier today, Inverse Finance suffered a flash loan exploit and lost around $1.2m.
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