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TradingHeights

Raydium $RAY lost $1.34M through a deprecated AMM contract.



What's more dangerous for DeFi:

New unaudited code or old forgotten code? 👀

$RAY ‌
RAY-2.44%
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BlueberryStakingMachine
· 51m ago
Therefore, protocol upgrades should not only focus on new features; the cleanup and monitoring of the inheritance system are also major components of the security budget.
View OriginalReply0
Glass-HeartMarketMaker
· 1h ago
$RAY this move is truly ringing the bell for all DeFi projects; not migrating deprecated contracts is like planting a time bomb for yourself.
View OriginalReply0
LiquidityTeaMaster
· 1h ago
The new code at least gets everyone's attention during testing, while the old contracts are forgotten in the corner, and hackers are more familiar with them than developers.
View OriginalReply0
0xSecondThought
· 1h ago
The old code is more malicious than the new code; no one reviews it during audits, and when something goes wrong, it turns out to be all long-standing vulnerabilities.
View OriginalReply0

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