Loopring Network Gets Compromised, Do You Want to Gamble On the Crowd-Induced Dip?
![](https://production-sanbase-images.s3.amazonaws.com/uploads/4a50bb30d8bf37905689a40c4c12b2a2de23e4e3bf34273ae345f549ab6e956b_1718067391938_Screenshot%202024-06-10%20174921.png)
ā°š± Loopring's network was compromised by a hack valued at over $5M. The project's market cap has predictably dropped as trust among the crypto community has shrunk. FUD is likely compounding the -22% $LRC 4-day drop, and there is a likely opportunity to buy into others' fear.
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