Markets Insider
It was a very rough weekend for Compound, one of the biggest decentralized finance platforms in the world.
A routine network upgrade went badly wrong, ultimately leaving $160 million worth of cryptocurrency at risk in a pool that can be drained by experts who know how to exploit the mistake, according to Compound founder Robert Lescher.
Over the weekend, Lescher was imploring users to return any cryptocurrency they may have received or claimed from the pool. He said more than $30 million had been returned on Sunday. More
Cryptos, the safest form of money there is….
Not!
^^ So safe, it can end up in anyone’s bit bucket.
Tulip bulbs, I say, Tulip bulbs! Buy, buy, buy. Unlimited upside. Just ask the Dutch!
You ain’t much if you ain’t Dutch!
Phonybaloney electronic… “money”… đ
Make MINE gold or silver, please.
If you can’t stand over it with a rifle and protect it, it ain’t yours!
(paraphrasing Ann Barnhardt)
izlamo delenda est …
And just who might those experts be who know how to exploit the âmistake?â