$11 million lost due exploit of the historic collapse of cryptocurrency and stablecoin

Synopsis

In May 2022, Venus Protocol, a decentralized finance (DeFi) platform on the BNB Chain, experienced an $11.2 million exploit due to a price discrepancy with the LUNA token. The platform relies on Chainlink oracles for price feeds, and Chainlink had pau...

Companies

  • Venus Protocol

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