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Bitcoin.com 2020-11-27 06:15:38

$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit

Lenders 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.

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