A costly technical glitch on the AAVE protocol: A pricing oracle malfunction led to the incorrect liquidation of $26 million worth of wstETH across 34 accounts after the system reported an incorrect exchange rate. ๐ The good news? Affected users will receive full compensation. โ However, this incident highlights a long-standing vulnerability in the DeFi world; oracles remain one of the most critical failure points in decentralized protocols.
Fact: Justin Bieber paid $1,300,000 for this boring monkey #NFT, now worth $12,000.
Urgent ๐จ๐จ๐จ A major investor has opened a short position on Bitcoin worth $49,829,000. This means that if the price of Bitcoin reaches $76,789, the entire position will be liquidated.
The market capitalization of stablecoins hits a new all-time high of $313 billion.
77% of companies that hold #Bitcoin in their vaults are currently holding it at a loss.
