#CryptoStocks 🚨🚔🥶
Last night, the decentralized exchange platform PineappleSwap was the victim of a hack. The hackers exploited a vulnerability in a new, unaudited smart contract, stealing over 27 million dollars in stablecoins and tokens from the ecosystem. Following the attack, the value of the $PINE token dropped by 64% in one hour. The PineappleSwap team has sought the help of the crypto community to block withdrawals on centralized platforms. This incident highlights the crucial importance of always checking the security audits of DeFi projects before investing in them.