Unbound (UNB) is a token of a decentralized platform without custodial management. With this platform, users can receive liquidity without withdrawing assets from the liquidity pool, loans without debt, collateral without liquidity, perpetual borrowing, inter-chain bridges, and the reliability of price oracles.

Unbound news today, UNB crypto latest news of token ticker

Unbound

Here is an update on the exploit:

Recently, a contract meant for use only in a test environment was exploited to mint UND without collateral. The exploit was detected promptly, and no community member will end up with a loss.

Telegram

Dear members,

We understand and acknowledge your concern. Please be assured that we are actively working towards resolving the issue as soon as possible. 

We kindly request your patience during this time. We would like to reassure the community that, as stated in our analysis, the amount that was lost will be airdropped to our users at the earliest and we will provide further updates by the upcoming weekend.

Thank you for your continued support and understanding.

Dear members,. We understand and acknowledge your concern.