DeFi plays the blame game
Protos breaks down the arguments over who’s to blame for the $14B meltdown sparked by Saturday’s $290M hack
Protos breaks down the arguments over who’s to blame for the $14B meltdown sparked by Saturday’s $290M hack
DeFi is in crisis mode with multiple lending markets at full utilization after $290M of Kelp DAO’s rsETH was hacked from Layer Zero.
Today, we look at a gung-ho swap which lost the user almost $50M, the move away from DAOs, and some short snippets from the security space.
Chaos Labs’ Correlated Asset Price Oracle pushed a faulty update yesterday, causing a 2.85% drop in the price of wstETH collateral.
DeFi’s largest protocol, has finally voted on the long-awaited Aave Will Win proposal from Aave Labs. Guess who won.