Lossless (LSS) is a token of a secure and reliable DeFi ecosystem with minimal or no losses from hacks, exploits or social engineering. The project is a piece of code that token creators insert into their tokens. The specified code allows Lossless to block any fraudulent transaction based on a set of fraud identification parameters.

Lossless news today, LSS crypto latest news of token ticker

Lossless

🚨Urgent🚨

Dear KyberSwap Elastic Users,
We regret to inform you that KyberSwap Elastic has experienced a security incident. 

As a precautionary measure, we strongly advise all users to promptly withdraw their funds. Our team is diligently investigating the situation, and we…

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Sadly, yet another hack costing close to $50 Million in funds stolen so far. 

Simple audits are no longer enough, post-launch and active security monitoring need to become a standard practice.

The High Alert transaction was detected from #Aegis before the attack happened.