DeFi protocol Venus seeks to patch $270K hole from oracle incident
The DeFi lending and borrowing protocol has confirmed it was affected by a malfunctioning Binance price oracle but confirmed user funds were safe. Go to Source
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Compound cETH market bricked by update — 7-day wait on vote to fix it
The code bug has plagued the cETH market and has affected Compound’s front-end user face, but the CEO confirmed that “funds are not immediately at risk.” Go to Source Powered by WPeMatico
Ethereum Suffers from Unintended ‘Chain Split,’ Few Third-Party Services ‘Got Stuck on Minority Chain’
According to a number of third party infrastructure providers, the Ethereum blockchain suffered an unintended hard fork or chain split on Wednesday. The service providers Infura, Binance, and Blockchair all reported issues with consensus at block height 11,234,873. The cryptocurrency community has been discussing an unintended chain split that took place on the Ethereum blockchain … Read more
Coinbase Launches Price Feed to Help Secure $1 Billion DeFi Economy
Cryptocurrency exchange Coinbase has released a price oracle that allows anyone to publish price data on-chain. The Coinbase Oracle, a signed price feed, grants users free access to data for BTC-USD and ETH-USD markets, the company announced Thursday. The idea is to make decentralized finance more secure. The price feed is sourced from Coinbase Pro … Read more
