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Binance Smart Chain’s Spartan Protocol Loses $30M+ in Exploit


Spartan Protocol, a decentralized protocol built on Binance Smart Chain for incentivized liquidity and synthetic assets, was exploited earlier Sunday UTC due to “a flawed liquidity share calculation” in the protocol, resulting in a loss of more than $30 million, according to a Medium post by on-chain analysis and security startup PeckShield.



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