Was Alleged $2 Million Exploit of Mirror Protocol ‘100% Preventable’?
A substantial price discrepancy between LUNA and LUNC appears to have enabled the exploit, which was detected yesterday.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
S&P brings ratings-style scrutiny to $10 billion crypto vault market as $6 million Base incident exposes risks
S&P Global is bringing ratings-style risk assessments to crypto lending vaults as the fast-growing market confronts fresh security...
Ethereum ETFs Lose $201.9 Million As Bitcoin Funds Return To Inflows
TL;DR: US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, according to Farside Investors. Bitcoin ETFs mo...
Moody’s Gives Sky Protocol Its First Stablecoin Credit Rating
Moody’s has given Sky Protocol a B3 rating with a stable outlook, marking the agency’s first rating of a stablecoin protocol. But...
Robinhood Puts $25 Million Of Bitcoin On Its Own Balance Sheet
TL;DR: Robinhood has added $25 million worth of Bitcoin to its corporate balance sheet, marking its first proprietary BTC holding...
Bitcoin Drops Under $84,000 as $487 Million in Leveraged Longs Get Liquidated in 24 Hours
Bitcoin fell below $84,000 late Tuesday as traders holding leveraged long positions were forced out of their trades. Coinbase exch...
BlackRock ETF clients pull $116.05 million from Ethereum fund
Investor reallocation from Ethereum to Bitcoin ETFs suggests shifting confidence and potential volatility amid changing macroecono...