HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

decrypt.co/49657/oracle-exploit-sees-100-million-liquidated-on-compound

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Other urls found in this thread:

twitter.com/compoundfinance
twitter.com/rleshner
decrypt.co/49657/oracle-exploit-sees-100-million-liquidated-on-compound
twitter.com/AnonBabble

OOOOOOOOOOOOOOH STINKIESSSSS

profit how
I already have a bag of link

get another

Wow. Holy shit. How many horror stories does there need to be before everyone bends the knee?

Three years and still they do not move

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Holy shit, the amount of JUST

they didnt use link hence failure

HAHAAHHAHA
ChainLink wins again.

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>In March, Compound saw $2.5 million in value liquidated, which was a record at the time. Now that pales in comparison.

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twitter.com/compoundfinance
twitter.com/rleshner

Think they'll actually acknowledge this?

Pantera is behind the API3 seed
And Leshner was tweeting about them yesterday
Disgusting!
Even more deserving of his justing

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How many times does this have to happen?

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This is nice for Link and all, but sooner or later Link will be hit with similar stories. It will always happen to an extent but there will be proper insurance to hedge against it with LINK and it’s whole framework that is superior to everything else

How many more innocent victims?

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How many cries in the dark?

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does this mean that compound has RIP for good?

How many more souls must be lost?

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LMAO, how long til they bend the knee?

why did the price spike

>It appears that a malicious actor may have manipulated the price of DAI on the Coinbase Pro exchange, in order to trick the blockchain—via its oracles—into thinking that the current price of DAI really had shot up.
decrypt.co/49657/oracle-exploit-sees-100-million-liquidated-on-compound

When you only use one price feed oracle, attacking it is child's play.

Retard

How do people now understand this yet? It's so fucking simple.

I'm guessing it's ego.

You either bend the knee or live long enough to get bent.

wut happin?

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Almost 100m
Article says they have +1b locked
That's like 10% of total user funds rekt

Its a combination of not understanding/simplistic view that its so laughably easy for some one to exploit. This is tbe second failure of a pricing oracle on a couple weeks that resulted in millions, yfv had same thing happen...

So the tl,dr; is they never bent the knee?

Based retard

Too bad they don't have Kleros court to adjudicate.

They may never bend the knee.

They've been too proud to use Chainlink for all this time, so being proven wrong in such a direct and blatant fashion may only cause them to double down.

Acting on emtions is a sure way to lose. If anything, they could gain a lot of support if they wen with Chainlink besides the momentary ego loss that will disappear rather quickly