MakerDAO’s Black Thursday: How One Bot Got $8.32M in ETH for Free

The post MakerDAO’s Black Thursday: How One Bot Got $8.32M in ETH for Free appeared first on Coinpedia Fintech News On March 12, 2020, one bot acquired $8.32 million worth of ETH and paid absolutely nothing for it. There was no hack and no exploit. Just a broken assumption inside one of DeFi’s most trusted protocols and a 40-minute window that nobody saw coming. Here’s the story. What MakerDAO’s System Was Built to Do MakerDAO …