$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit

$100 Million Liquidated on Defi Protocol Compound Following Oracle ExploitLenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data supplied by the Coinbase oracle pushed the price of the […]

The post $100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit appeared first on Bitcoin News.

$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit

$100 Million Liquidated on Defi Protocol Compound Following Oracle ExploitLenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data supplied by the Coinbase oracle pushed the price of the […]

The post $100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit appeared first on Bitcoin News.