Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on May 14, 2022, 01:02:29 PM

Title: DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy
Post by: newshunter on May 14, 2022, 01:02:29 PM
DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy

Venus Protocol and Blizz Finance announced that their protocols were exploited due to the difference in LUNA market price and price feed as Chainlink paused the LUNA oracle.


Source: DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy (https://cointelegraph.com/news/defi-protocols-declare-losses-as-attackers-exploit-luna-price-feed-discrepancy)

Would appreciate your opinion about this