MakerDAO’s Black Thursday: How One Bot Got $8.32M in ETH for Free
On March 12, 2020, one bot acquired $8. 32 million worth of ETH and paid absolutely nothing for it. There was no hack and no exploit. Just a broken assumption inside one of DeFi’s most trusted protocols and a 40-minute window that nobody saw coming. Here’s the story. What MakerDAO’s System Was Built to Do MakerDAO …
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