Things not looking good for Cream...
Cream Finance Loses $18 Million in Crypto In Second Hackers’ Attack This Year
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Things not looking good for Cream...
Cream Finance Loses $18 Million in Crypto In Second Hackers’ Attack This Year
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Aren't people tired of experimenting with these new defi projects. I would rather stick to something that works, like cub for example.
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Cream isn't actually new and it is a lot older than CUB. Flashloans can be a dangerous tool in the wrong hands no matter how good your code is. If anything will pose a threat to lending protocols it will be flashloans.
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I haven't explored lending yet. If it's so dangerous and prone to hacks then why don't we stop using such services until they find a solution to this problem.
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I wasn't aware of it but it's definitely bad news... I hope they can get their act together
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Whoops! These hacks are getting common now. I wonder how many people were affected by this and how will they get through such an attack.
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This is bad news in crypto community.
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