Compound finance's single DAI Oracle Coinbase Pro attacked

in LeoFinance • 3 years ago

Resulting in a $89m liquidation event.

image.png
Source

image.png
Source + DeBank

There is no post mortem yet, but certainly not a good day if you have borrowed DAI via compound.

Also not a good day for a single centralized oracle services to be used (WHY WOULD YOU EVEN DO THAT?)

Stay safe

image.png
Got some idle DAI lying around?
Use them in the no loss lottery for a weekly chance to win the pot!
Click Here to Check It Out!

Posted Using LeoFinance Beta

#ethereum #defi #rekt #compound #uhoh #neoxian #archon #palnet #aeneas #leofinance
3 years ago in LeoFinance by
$4.01
  • Past Payouts $4.01
  • - Author $2.01
  • - Curators $2.00
34 votes
Reply 3
Sort:  
  • Trending
    • [-]
     3 years ago  

    It is sad

    Posted Using LeoFinance Beta

    $0.00
      Reply
      [-]
       3 years ago  

      thats terrible!

      $0.00
        Reply