An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield.
Finance Redefined: Avalanche launches $200M fund, wXRP to debut on Ethereum Oct. 29–Nov. 5
Avalanche Foundation showcases a six-figure ecosystem fund, wXRP set to launch smart contracts on Ethereum, and AllianceBlock joins forces with Flare — all coming to you in this week’s Finance Redefined.
Blockchain tech firms AllianceBlock and Flare integrate technologies to expand their DeFi ecosystems
The two seek to improve their blockchains with each other’s tech from cross-chain bridges to decentralized exchanges to oracle networks.