DeFiBearishProtos ยท Feb 267/103
๐
DeFi exploiter targets lending protocols with oracle tricks
A DeFi exploiter successfully manipulated oracle pricing on Ploutos Money lending protocol, using BTC/USD price data for USDC tokens. This oracle manipulation allowed the attacker to borrow $400,000 worth of ETH using only $8 of collateral, highlighting critical vulnerabilities in DeFi lending protocol oracle systems.
$BTC$ETH
