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Compound finance's single DAI Oracle Coinbase Pro attacked

ash

Published: 26 Nov 2020 › Updated: 26 Nov 2020Compound finance's single DAI Oracle Coinbase Pro attacked

Compound finance's single DAI Oracle Coinbase Pro attacked

Resulting in a $89m liquidation event.

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Source

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Source + DeBank

There is no post mortem yet, but certainly not a good day if you have borrowed DAI via compound.

Also not a good day for a single centralized oracle services to be used (WHY WOULD YOU EVEN DO THAT?)

Stay safe

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