What's amazing about this is that it's a purely *economic* hack, or an *accounting* hack really. Basic insight: Pricing assets in a network is hard. We're not the first to notice this.
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RT @danielvf
1/6 Today’s 120 million C.R.E.A.M. finance attack was not a bug in the traditional sense - rather two, otherwise normal, blockchain constructs mixing together explosively.
A thread:
https://twitter.com/danielvf/status/1453426746326405130