07-14-2023, 08:33 PM
Crypto lender Geist Finance shuts down permanently over Multichain hack
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/9be0ad02-e866-4b62-b73a-d092314320ad.jpg"></p><p>The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit.</p>
https://cointelegraph.com/news/fantom-ba...chain-hack
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/9be0ad02-e866-4b62-b73a-d092314320ad.jpg"></p><p>The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit.</p>
https://cointelegraph.com/news/fantom-ba...chain-hack