Defrost Finance Denies Rug Pull Allegations Amid $12M Exploit

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Defrost Finance team is pushing back on rug pull claims after suffering a $12M exploit. OKnightCrypto reports

that requested the oracle to be replaced before the exploit occurred. Defrost Finance adamantly denied these claims, labeling them as “slanderous and inaccurate.”

The far-larger second attack occurred on Christmas Eve, the spokesperson continued, with another hacker or hackers “[managing] to appropriate the private key and used it to add a fake collateral token and price oracle, then minted 100 million H20 tokens … The hacker then liquidated the existing vaults by manipulating the vaults’ oracles and draining funds.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

OKnightCrypto If it's not rug pull, then it's insider job...blockchain amplified people's desire for instant money...

OKnightCrypto 🧐

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tulsi Gabbard grills Rep.-elect Santos over ‘blatant lies’ about his finance career, educationGeorge Santos, 34, admitted to embellishing his finance career credentials and lying about graduating from Baruch College and later New York University when he never graduated from college. He's just using the 'Joe Biden Playbook on Political Life'. Interesting no one grilled AOC when she claimed to be Jewish or pedohitler JoeBiden’s 50 years of pathological lying. Media and politicians are awful selective TulsiGabbard Whuan, bat, covid, vaxines, a little story, of the splendid crime against humanity. Then to sell the doses.
Source: WashTimes - 🏆 235. / 63 Read more »

Guest Post by Trader Joe: The History of Decentralized Finance | CoinMarketCapCMCCommunity Spotlight ✨ The History of Decentralized Finance 👀 traderjoe_xyz Crypto CoinMarketCap CMC CMCY $JOE traderjoe_xyz Totally agree, but I only use ChiefraFba for signals and analysis traderjoe_xyz Kindly update Tsukuyomi_____ metrics on CMC TrustWallet MIKOTO has been building in the bear market! traderjoe_xyz Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals!
Source: CoinMarketCap - 🏆 290. / 63 Read more »

China’s Finance Ministry: Will adjust trade tariffs on some goods from January 1Citing the tariff commission of China's state council, the country’s Finance Ministry said in a statement on Thursday, China will adjust import and ex
Source: FXStreetNews - 🏆 14. / 72 Read more »

Care startups masquerading as tech companies will flop in 2023: top VCInvestors will stop rewarding digital health startups masquerading as tech companies in 2023, VC Aike Ho predicts VC Aike Ho预测,2023年,投资者将不再奖励伪装成科技公司的数字健康初创公司 Good. hah...$MDX
Source: BusinessInsider - 🏆 729. / 51 Read more »