Wrapped Tokens – Miami Crypto Coin

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BonqDAO protocol suffers $120M loss after oracle hack

Post author:MiamiCrypto
Post published:February 2, 2023
Post category:ALBT AllianceBlock BEUR Blockchain security BonqDAO Bridge On-chain analysis oracle Oracle Attack Peckshield Price Manipulation Wrapped Tokens

An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield.

Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

Post author:MiamiCrypto
Post published:December 15, 2022
Post category:Alameda Research Arkham Intelligence BitGo burn Chris Blec decentralized applications etherscan Kyber Mike Belshe Mint REN Smart Contracts wBTC DAO wrapped bitcoin Wrapped Tokens

The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.