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DeFi

Security Alert: Major DeFi Protocol Narrowly Avoids Exploit

Security Alert: Major DeFi Protocol Narrowly Avoids Exploit

Heads up - word is a major exploit was just narrowly averted on a top-tier lending protocol. Devs are scrambling behind the scenes to patch a logic flaw in the smart contract. I'm seeing massive stabl

Heads up - word is a major exploit was just narrowly averted on a top-tier lending protocol. Devs are scrambling behind the scenes to patch a logic flaw in the smart contract. I'm seeing massive stables moving into cold storage right now. If you've got size sitting in mid-cap yield farms, might be time to de-risk for a few hours until the post-mortem hits. Stay safe out there.