RE: RE: ⚠️A few Hive and GLS community members colluded to steal more than 250k USD // Biggest theft since Justin// The GLS exploit explored
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RE: ⚠️A few Hive and GLS community members colluded to steal more than 250k USD // Biggest theft since Justin// The GLS exploit explored

lordbutterfly(79)
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The pump and dump wasnt where the exploit happened.
The exploit happened due to a faulty platform mechanic. The 5 minute price average burn mechanism. It takes a few seconds to move that GLX into the dapp. There are no pools to worry about and extremely low liquidity.

The same would happen to Hive or any other asset, if there wouldn't be a huge market cap for it.

It really wouldnt. Hive has no burn mechanism like that. The actual question is what would have happened if they had more funds on hand.

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