💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
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Minimum 80 words
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Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
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.