Hi y'all! Today’s Top Stories: • Mirror Protocol drained for | Market Ranger
Hi y'all! Today’s Top Stories:
• Mirror Protocol drained for $2 million+
The Terra ecosystem just doesn’t get any breaks at the moment. Mirror Protocol, one of the most popular DeFi applications on Terra, was exploited for over two million dollars and was lucky to not have lost more. An attacker exploited a price oracle that was reporting the wrong Luna coin to validators and could have drained even more liquidity. Luckily, thanks to the help of Terra core contributor FatMan, the team managed to fix the issue just in time.
• Ryoshi ghosts Shiba Inu and deletes his accounts
Shiba Inu founder Ryoshi vanished and deleted his blog and Twitter account. You can’t say he didn’t warn you because, in a now-deleted blog post, Ryoshi warned that he may be gone one day without warning. The price of SHIB did not react, perhaps because it is already down 85% from its all-time highs. The Shiba Inu community poured one out for Ryoshi but remains committed to building the Shiba Inu DeFi ecosystem.
