Dollar-Linked Cryptocurrencies Almost Depreciated After Hacking

The NIRV stablecoin and its ANA token collapsed after the hacking of the hackerscourse of the dollar:

The NIRV stablecoin (a cryptocurrency linked to the dollar exchange rate) and the associated ANA token depreciated to almost zero after being hacked by hackers. This was announced on Twitter by crypto trader Andy D.NIRV and ANA belong to the decentralized finance platform (DeFi) Nirvana, running on the Solana blockchain protocol.

It allows you to take out a loan in NIRV at a negative rate and thus earn on existing debt.

Nirvana was attacked by hackers who took advantage of the vulnerability of flash loans provided by it (instant unsecured loans). According to the observation of Andy D., the attackers withdrew about $ 3.5 million in USDT stablecoin from the platform, then bought Ethereum with them and purchased DAI tokens on it.

As a result, the value of NIRV and ANA decreased by more than 90 percent, and the NIRV stablecoin lost its peg to the dollar.