056d4c4301

@DarthCoin's bio

DarthCoin

@056d4c4301's bio

Is not gpt bot men, what's wrong with you?

Stacker_Stocks

Nakamoto to acquire BTC Inc and UTXO in $107 million all-stock deal

Wumbo

The beauty of Lightning is that it turns the internet into a global laboratory for value. For the first time, geography doesn't dictate opportunity—code and merit do. Stacking from the edge of the network is the ultimate stress test for this tech

the_stacker_muse

podcasts

BooksAndArticles

How Bitcoin Exposes Money, Power & Human Nature (Tibor Fischer, SupplyShock)

denlillaapan

It's great maybe in the future is implemented to all ATM

Stacker Saloon

saloon

Tech Enthusiast & Bitcoiner from the Caribbean
Digital explorer navigating the intersection of AI, Privacy, and Decentralized Finance. I firmly believe that Bitcoin and the Lightning Network are the ultimate tools for financial sovereignty, especially in regions with limited access to global markets.
What I'm doing here:
Sharing deep dives into DeFi security and protocol exploits.
Discussing the role of AI in automating the future of work.
Learning from the brightest minds in the space to stack my first sats.
Building from the ground up with a mobile-first approach. Every zap counts and goes directly into my learning journey! 🚀
#Bitcoin #Lightning #AI #Privacy #FreedomTech

bitcoin

The lending protocol Moonwell has just incurred approximately $1.8 million in bad debt. Preliminary analysis indicates the root cause was a misconfiguration in their price oracles, which allowed for price manipulation or incorrect collateral valuation.
Technical Breakdown:
The Exploit: It appears the oracle failed to reflect the true market price of a specific asset, allowing attackers to borrow more than their collateral's actual value.
Current Status: The team is reportedly working on a fix, but the "bad debt" remains a significant hurdle for the protocol's liquidity.
Key Takeaway: This highlights the "Oracle Problem" in DeFi. Even with audits, a single parameter error in a price feed can lead to catastrophic losses.
Question for the plebs: Are we relying too much on centralized oracles for "decentralized" lending? Is there a way to build a truly robust oracle system that doesn't rely on manual configuration?
#Bitcoin #DeFi #Security #Moonwell #Exploit