/biz/ - Business & Finance

>>55114546
Imagine still getting flash loan attacked in 2023 6 years after LINK made these ineffective. It’s unbelievable. Irresponsible, really.

Retards who use these shitty services deserve losing all their money.

>>55114664
Only more reason for people not to trust anything not using Chainlink. Personally I hope these keep happening until dipshits finally learn.

>>55114546
>This hack is due to the lack of slippage control of liquidity-shifting operation -- such that the protocol-owned liquidity is invested into a skewed/imbalanced price range, which is exploited in reverse swap for profit.
what the fuck does it even mean could chainlink have prevented this?

>>55114546
You retards don't get this, you have all these barely used Defi protocols. When the VC money dries out the ideas for an inside job start. You just publish bad code, hack yourself as fast as possible. Then you pretend your negotiating with the hacker and send back 90%. Everyone happy (because -10% is better then -100%) en you will let the protocol die, just to start over when the bullrun starts.

>oracle-free summ-ACK
Pay up or get fucked.

>>55114768
Yup. I also predict a lot of bridge "hacks" coming soon once ccip takes over.

>>55114546
Chainlink is needed more than ever it will come sooner than later

>>55114546

the coffers expand

>>55114726
>could chainlink have prevented this?
Chainlink has NEVER Been exploited. It is a guarantee of safety. Its flawless record is a testament to its incredible team.

>>55114546
An oracle network has the Jews it deserves. Just as mosquitoes can thrive and settle only in swamps, likewise the former can only thrive in the swamps of our spaghetti code.

>>55115287
>>55115381
Every time