Odaily Planet Daily News DeFi synthetic asset protocol Linear Finance posted on the X platform: "The protocol has been shut down and is undergoing maintenance to restore the damage caused in the attack on September 21. User LINA assets are safe."
According to previous news, the Linear Finance protocol was attacked on September 21, causing all LUSD liquidity on PancakeSwap and Ascendex to be emptied, and the LUSD price fell to zero. The attacker minted LAAVE without limit and traded it for LUSD on Linear Exchange, which was subsequently sold on PancakeSwap and Ascendex.