@QJax 3 July 2022

Anothe day another Defi App hacked. Crema Finance a Defi protocol providing Solana liquidity reported to have lost $8.7 Million during a recent vunerability after up to 6 flashloans were executed. This makes me think of all these cloned NFT marketplaces, Dapps and exchanges and the fact that if you didn't build it from the ground up yourself or with a reliable team, how are you to know if the software is exploitable. Now I don't know if that is the case here or not so I won't assume it is, it just got me thinking how vulnerable all those cloned platforms could be to bad actors with knowledge of the actual code used. Anyway here is the sourced article link. SOURCE: https://news.bitcoin.com/exploit-forces-crema-finance-to-temporarily-suspend-services-8-7-million-stolen/ #cryptocurrency