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A comment on Crypto exchange BitMart confirms hack resulting in loss of $150M. Parent comment

Re:Crypto exchange BitMart confirms hack resulting in loss o... by ben_jones on Sunday December 05, 2021 @02:25PM (#29452159)
What are some examples of well-written decentralized exchanges?
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Re:Crypto exchange BitMart confirms hack resulting in loss o... by rglullis on Sunday December 05, 2021 @03:13PM (#29452686)
Uniswap (v2) has simple contracts, has been audited multiple times, holds billions of USD and it has not faced any kind of systemic attack. The only issue that I can think of is that pools with low liquidity can suffer from front-running.

Even the fees are not a "problem", if you consider that there are already roll ups (loopring, zkswap) that run pretty much the same version of those contracts and cost fractions of a penny.

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Re:Crypto exchange BitMart confirms hack resulting in loss o... by reginold on Sunday December 05, 2021 @03:13PM (#29452692)
Curious to hear more about this as well. How is Uniswap?
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Re:Crypto exchange BitMart confirms hack resulting in loss o... by diveanon on Sunday December 05, 2021 @03:26PM (#29452838)
Uniswap, pancakeswap, 1inch, apeswap, sushiswap, traderjoes, Crono, quickswap, paraswap and those are just off the top of my head.

All of these projects have hundreds of million to billions in tvl and have been running fine for years.

Dexes are the backbone of the defi community and share very little in common with centralized exchanges.

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Re:Crypto exchange BitMart confirms hack resulting in loss o... by p2p_astroturf on Monday December 06, 2021 @06:35PM (#29467203)
> All of these projects have hundreds of million to billions in tvl and have been running fine for years.

Oh if only you knew.

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