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Rho Markets back online after $7.60 million Oracle issue, no loss in capital

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2024-07-22 05:55:54
Rho Markets, a decentralized financial protocol, went back online last week after an Oracle misconfiguration issue caused the MEV bot to steal $7.60 million worth of stablecoins from the protocol. The MEV bot team entity then returned the funds, but wanted the Rho Markets team to acknowledge that it was not a hack or exploit.
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