News for hackers. Stuff that matters.

A comment on Wormhole confirms all $320M in funds have been restored. Parent comment

Re:Wormhole confirms all $320M in funds have been restored by ww520 on Thursday February 03, 2022 @04:26PM (#30199132)
The public invested in SOL directly or indirectly got their SOL value diluted by $320M. The public here includes Jump.
[ Parent | on HN ]
Re:Wormhole confirms all $320M in funds have been restored by JacobThreeThree on Thursday February 03, 2022 @06:56PM (#30200802)
Although everyone shoulders a loss, it does give one slightly more confidence in the decentralized half of the DeFi equation.

Compare this Wormhole example to what happened with the Ethereum DAO attack that was "reversed".

https://levelup.gitconnected.com/how-ethereum-reversed-a-50-...

[ Parent | on HN ]