News for hackers. Stuff that matters.
Re:In second largest DeFi hack, Blockchain Bridge loses $320... by BeFlatXIII on Thursday February 03, 2022 @10:17AM (#30193489)
How much impact would a total cryptocurrency collapse have on the outside economy?
Re:In second largest DeFi hack, Blockchain Bridge loses $320... by swalsh on Thursday February 03, 2022 @10:50AM (#30193942)
Crypto (and more so Solona) has an extreme trade deficit, it's importing way more capital then it's currently exporting (the primary export today is blockspace, I think as DAO's start running SASS services, that will increase the exports). The impact today would be nearly zero. As the deficit evens out, that might change. The local crypto economy is pretty young (it's virtually brand new). As it expands these capital flows will probably change.
Re:In second largest DeFi hack, Blockchain Bridge loses $320... by X6S1x6Okd1st on Thursday February 03, 2022 @11:09AM (#30194198)
I haven't read anything concrete that shows a clear contagion risk, but https://twitter.com/angela_walch is one of the people in the space to follow that is talking about it
Re:In second largest DeFi hack, Blockchain Bridge loses $320... by fuzzer37 on Thursday February 03, 2022 @10:41AM (#30193822)
Nearly zero.
Re:In second largest DeFi hack, Blockchain Bridge loses $320... by zepto on Thursday February 03, 2022 @10:31AM (#30193656)
Probably a nice uptick
Re:In second largest DeFi hack, Blockchain Bridge loses $320... by faeyanpiraat on Thursday February 03, 2022 @10:42AM (#30193827)
Or millions of working people would suddenly be able to afford a gaming GPU and would disappear into imaginary worlds for a couple of weeks.