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Ethena Labs Vulnerability Leads to $290k Exploitation on Binance Launchpool

In a recent turn of events, Ethena Labs, a prominent decentralized finance (DeFi) protocol, has fallen victim to a significant exploit, resulting in a loss of $290,000 on Binance Launchpool. The incident has sparked concerns regarding the security of DeFi platforms and the susceptibility of emerging projects to exploitation.

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