The Meme coin "Life K-line" on the BSC chain surged over 50% within 1 hour, with its market cap rising back to $13.3 million. The current price is $0.013. This increase is related to Mango Labs founder Dov. Investors should be aware of the market volatility and risks associated with Meme coins.

On December 12th, due to a vulnerability in the smart contract update, the old Ribbon DOV vault was attacked, resulting in a loss of approximately $2.7 million. The Aevo platform was unaffected, and all Ribbon vaults have been disabled. Withdrawals require contract upgrades, and the claim window is open for six months, with compensation amounts potentially reaching up to 19%.