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PiggyBank to Compensate Users After $550,000 LAB Token Trading Loss
The decentralized finance protocol PiggyBank has released a comprehensive incident report regarding a significant financial loss occurring on June 6, 2026. The protocol experienced a net drawdown of approximately $550,…
PiggyBank Protocol Admits LAB Trading Error as USDC Treasury Drops
Yield protocol PiggyBank has issued an official statement addressing a significant strategic failure involving its LAB token basis trading strategy. The error, which occurred over the past month, has resulted in a 15% d…