Phishing Attack Causes MKR Price Drop and Surge in Short Positions

MKR, a prominent player in the DeFi and stablecoin markets, recently faced a significant decline in sentiment due to a phishing attack. There has been a notable increase in short positions against MKR following this incident. MakerDAO [MKR] has encountered problems that could potentially affect its performance in the near term. MakerDAO, a leading protocol

Source: CoinOtag