The guy who recently hacked Mango Markets on Solana warned Aave could be hacked too:
Although it requires a lot of funds to organize such an attack, it concretely means that the biggest lending protocol, with a TVL of several billions USD, could be hacked. There are some remedies, like putting some deposit caps, particularly on low liquid assets like REN, and keep high LTVs only for major coins like Bitcoin (BTC) and Ethereum (ETH).
However, it is a serious threat to DeFi and to Crypto in general, since some large entities or suspicious countries have enough funds to organize such attacks.
Disclaimer: this article does not contain any financial advice. The information is provided for general informational and educational purposes only.
Please find below a few more links to earn a few more coins...
