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DeFi project LaunchZone claims to be latest victim of BNB chain exploits

80% of funds have been drained from LaunchZone’s liquidity pool, resulting in its native token LZ plummeting in value.

DeFi hackers are making bank this year — it’s February

DeFi hasn’t seen the same amount of problems or regulatory scrutiny as many centralized platforms but it’s not been completely without drama.

If it’s true that a16z holds the rumored amount of UNI tokens, it would be able to unilaterally reach quorum for voting on Uniswap proposals.

Umami chief Alex O’Donnell has been accused of dumping tokens and crashing the price. Its team has resigned from the firm’s legal wrapper.

Despite Alameda’s lack of risk mitigation procedures, it appears those in charge of liquidations may be as gung-ho as the previous leaders.