Text | Rachel
Macroeconomics, technology, supervision and team risks have always highly affected the health of the industry.
1.312 Black Swan: Bitcoin’s biggest one-day drop in three years
2. Cover Protocol contract loopholes lead to a large number of additional issuances
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3. Compound was attacked by oracles and nearly 90 million US dollars of assets were liquidated
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4. Yam contract vulnerability, “ 99% of the evaporation is only because of a line of code”
The failure of YAM this time lies in the existence of a serious loophole in the contract for unlimited token issuance, which eventually led to the market collapse. 99% of the evaporation is due to a single line of code.
The project has not yet conducted any audit of its contract, and investment is risky.
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5. Lendf.me was stolen, the hacker returned the bulk of the funds
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6. bZx lightning loan attack, hackers set millions of dollars in ten seconds
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7. Ripple was sued by the US SEC, and XRP plummeted
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8. FCoin ran away with money, the star exchange collapsed