The Saga project halted its blockchain after acknowledging that $7&nbsp;million had been stolen. An attacker was evidently able to <button class="define-target" id="mint">mint</button> a large quantity of Saga Dollar tokens, though it's not yet clear whether it was because of a <button class="define-target" id="smart-contract">smart contract</button> vulnerability, <button class="define-target" id="private-key">private key</button> compromise, or some other issue. The attacker was quick to swap most of the assets to ETH to thwart asset <button class="define-target" id="freezing">freezes</button> or blockchain halts.<p>The Saga Dollar token lost its peg and fell to around $0.75 after the attack.</p>

"Saga becomes latest victim in DeFi hacking spree"

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