DeFi exploiter targets lending protocols with oracle tricks
Ploutos Money used the BTC/USD price for USDC, leading to $400K of ETH being lent against just $8 of collateral.
Ploutos Money used the BTC/USD price for USDC, leading to $400K of ETH being lent against just $8 of collateral.
The attack on a lending pool belonging to YieldBlox pushed the price of USTRY to over $100 before using it to borrow XLM and USDC worth $10M.
Base leaves Optimism, DeFi projects shut down, plus Discord spyware, and AI meets DeFi
The latest in a string of Aave DAO disputes sees BGD Labs quit, citing Aave Labs’ behavior around v4 and centralization concerns.
Moonwell’s third oracle malfunction in six months saw the price of cbETH set at $1.12 instead of $2,200, leading to 1096 cbETH liquidated.