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Yeah and other interop solutions are jumping the bandwagon to say that their solution is more secured lol. Shitcoins, shitcoins everywhere.
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"secured by smart contracts"
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Their helplessness expressed in their "Dear hacker" letter is really sad to see and I feel bad for their users as naive as they might've been.
Jeremy Rubin articulates this well ... you receive yield because there's risk. Were it not for FDIC insurance and zero interest rates this is true of your savings account too. Free lunches don't exist in free markets.
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Fuck that's a lot of money. Could this be the biggest financial hack ever? Maybe the biggest robbery ever?
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