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Sky faces scrutiny over potential $756M exploit flaw

December 6, 2024 by DIGIT

Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency. Go to Source

Categories crypto fund management, decentralized finance, DeFi criticism, EOA security, Lite PSM, makerdao, Sky governance, Sky protocol, Sky rebrand, USDC reserves


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  • bitcoinBitcoin(BTC)$103,644.001.08%
  • ethereumEthereum(ETH)$2,653.148.41%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.563.94%
  • binancecoinBNB(BNB)$660.742.17%
  • solanaSolana(SOL)$180.886.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2383187.24%
  • cardanoCardano(ADA)$0.824.10%
  • tronTRON(TRX)$0.2725063.51%
  • bitcoinBitcoin(BTC)$103,644.001.08%
  • ethereumEthereum(ETH)$2,653.148.41%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.563.94%
  • binancecoinBNB(BNB)$660.742.17%
  • solanaSolana(SOL)$180.886.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2383187.24%
  • cardanoCardano(ADA)$0.824.10%
  • tronTRON(TRX)$0.2725063.51%
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  • bitcoinBitcoin(BTC)$103,644.001.08%
  • ethereumEthereum(ETH)$2,653.148.41%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.563.94%
  • binancecoinBNB(BNB)$660.742.17%
  • solanaSolana(SOL)$180.886.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2383187.24%
  • cardanoCardano(ADA)$0.824.10%
  • tronTRON(TRX)$0.2725063.51%
  • bitcoinBitcoin(BTC)$103,644.001.08%
  • ethereumEthereum(ETH)$2,653.148.41%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.563.94%
  • binancecoinBNB(BNB)$660.742.17%
  • solanaSolana(SOL)$180.886.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2383187.24%
  • cardanoCardano(ADA)$0.824.10%
  • tronTRON(TRX)$0.2725063.51%