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Oracle error adds to turmoil at DeFi giant Aave

Chaos Labs’ Correlated Asset Price Oracle pushed a faulty update yesterday, causing a 2.85% drop in the price of wstETH collateral.

DeFi lending platform Compound Finance hijacked again

The Compound incident is the latest in a string of website hijackings that have also affected Maple Finance, OpenEden and Curvance.

Almost four months have passed since the disassembly of a DeFi daisy chain, which saw the value of the “yield vault” sector drop by over $4B.

Ploutos Money used the BTC/USD price for USDC, leading to $400K of ETH being lent against just $8 of collateral.