tradingthrwaway
tradingthrwaway on Hacker News
Re:In second largest DeFi hack, Blockchain Bridge loses $320M Ether
on Thursday February 03, 2022 @10:45AM (#30193863)
Maybe not "small", but surely a sum they can put up without thinking twice.
They're a top trading firm, whose competitors have spent $300mm to run hundreds of miles of cables to save microseconds in latency.
Re:In second largest DeFi hack, Blockchain Bridge loses $320M Ether
on Thursday February 03, 2022 @09:28AM (#30192800)
I think it's worth being mindful of who effectively owns the bridge.
Jump acquired certus one, who developed the wormhole. Jump has invested quite heavily in the solana ecosystem, so while $300mm is a lot of money, it's a small price to pay for a firm of their size.