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A comment on In second largest DeFi hack, Blockchain Bridge loses $320M Ether. Parent comment

Re:In second largest DeFi hack, Blockchain Bridge loses $320... by davidcbc on Thursday February 03, 2022 @02:30PM (#30197512)
Start a new stablecoin (or have connections with one of the existing ones) and promise everyone that you have dollars backing it, then mint $320 million of that coin even though you don't actually have dollars backing it.

The recipe for creating fake dollars in crypto is pretty well established at this point

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Re:In second largest DeFi hack, Blockchain Bridge loses $320... by thebean11 on Thursday February 03, 2022 @05:46PM (#30200143)
How many stablecoins have a market cap over a few million? If there was a repeatable formula we'd all be rich dude
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