100 sats \ 1 reply \ @nkmg1c_ventures 7 Jul 2023 \ on: Daily discussion thread
Huge hack occurred with a bridge, Multichain, on Fantom. The USDC which was the base USDC for the system is currently down about 20 - 30 % against other USD-related stablecoins.
https://www.coindesk.com/tech/2023/07/07/multichain-team-confirms-exploit-across-fantom-moonriver-and-dogechain-bridges/
Another day, another defi hack. Although I'm more inclined to think these things are typically insider jobs.
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