Understanding Vulnerabilities and Safeguards in Blockchain Oracles
Too Long; Didn't ReadOracle hacks occur when attackers exploit vulnerabilities in the design or implementation of oracle networks. In such a hack, the attacker usually manipulates the oracle to feed incorrect data into a blockchain contract. This often leads to funds being erroneously transferred, typically to the hacker’s account. The core of these attacks lies in compromising the data integrity that smart contracts rely on.