According to @PeckShieldAlert, SuperRare has suffered an exploit resulting in the loss of approximately $730,000 worth of RARE tokens. This security breach has direct implications for RARE token holders and traders, leading to heightened volatility and increased risk in RARE trading pairs. The incident highlights ongoing vulnerabilities in NFT platform security and may lead to downward pressure on RARE prices as affected holders seek liquidity. Traders are advised to monitor exchange volumes and price action closely for potential short-term swings and liquidity constraints. Source: @PeckShieldAlert.

According to blockchain security firm PeckShield, a bug in Meta Pool's smart contract allowed users to freely mint mpETH tokens, leading to a $27 million exploit. Due to low liquidity on Uniswap, the attacker could only swap $25,000 worth of tokens, minimizing immediate market impact. Per DefiLlama, Meta Pool's total value locked remains $75 million, and its governance token MPDAO trades at $0.02 with minimal volume. CertiK reports that such exploits contributed to $302 million in losses during May, signaling heightened security risks for ETH-based liquid staking protocols and potential volatility in related crypto assets.