rescue

Oracle Fails, DeFi Recovers? 3 Lessons From Term Finance's $1M Rescue

Oracle Fails, DeFi Recovers? 3 Lessons From Term Finance's $1M Rescue

The DeFi space just dodged a bullet. Term Finance took a major hit in June when an oracle misconfiguration caused a loss of $1.6 million in ETH. They prevailed and went on to recover over $1 million. It’s probably a big victory, but a costly lesson learned. This wasn’t even...