‘Accepted The Quote’: A $50M Crypto Swap Results In 99% Loss

Someone just turned $50 million into $36,000 with a single DeFi swap on the Ethereum blockchain. On March 12, a wallet executed a collateral swap through the lending protocol Aave, converting 50.4 million in USDT-backed deposit tokens into roughly 327 AAVE tokens worth about $36,000. The transaction …