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$775K Ajna exploit exposes risks beyond DeFi price oracles
Published Source: CryptoPolitanRead original
Crypto Insight Summary: Ajna Protocol, a lending platform that operates without price oracles, reportedly lost around $775,000 in ETH. The exploiters used the internal liquidation accounting of the platform instead of using third-party price feeds in their attack. The assault impacted a number of liquidity pools, such as syrupUSDC, wstETH, rETH, cbETH, WBTC, WETH/USDC, and sDAI. However, it... Crypto Insight Analysis: Direction: Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: The $775K ETH exploit highlights security risks, causing temporary market uncertainty.