An opportunity for attack came when Wintermute gave the wrong wallet address to Optimism. The money was supposed to be held in a multi-signature wallet belonging to the Wintermute team, but the address provided by Wintermute was for a wallet on Ethereum, whereas it should have been an address on Optimism.
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...
Historically, institutions have hesitated to move on-chain due to regulatory risks. However, with bitcoin ETF AUM inflows on track to...
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