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Exploit During ETHDenver Reveals Experimental Nature of Decentralized Finance

A $350,000 hack casts light on the problem of depending on single price oracles.

Updated Sep 13, 2021, 12:18 p.m. Published Feb 15, 2020, 9:00 p.m.
AFTER THE HACK: DeFi protocol bZx's booth sits empty at ETHDenver. (Photo by John Biggs for CoinDesk)
AFTER THE HACK: DeFi protocol bZx's booth sits empty at ETHDenver. (Photo by John Biggs for CoinDesk)