🚀 Gate Square Creator Certification Incentive Program Is Live!
Join Gate Square and share over $10,000 in monthly creator rewards!
Whether you’re an active Gate Square creator or an established voice on another platform, consistent quality content can earn you token rewards, exclusive Gate merch, and massive traffic exposure!
✅ Eligibility:
You can apply if you meet any of the following:
1️⃣ Verified creator on another platform
2️⃣ At least 1,000 followers on a single platform (no combined total)
3️⃣ Gate Square certified creator meeting follower and engagement criteria
Click to apply now 👉
Morpho loses about $230,000 due to misconfiguration of the Oracle Machine
Odaily Planet Daily News Chaos Labs founder omer said on the X platform that the PAXG/USDC market on Morpho lost about $230,000 due to Oracle Machine configuration errors. Specifically, there was a misconfiguration of the Oracle SCALEFACTOR on Morpho, which failed to account for the difference between USDC (6 decimal places) and PAXG (18 decimal places). This led to a 12-digit inflation in the price of PAXG. The attacker deposited 350 dollars’ worth of PAXG and borrowed 230,000 dollars’ worth of USDC.