🚨 Regarding the EvoDefi Bridge: Admin backdoor take function aside, critical

Question

🚨 Regarding the EvoDefi Bridge: Admin backdoor take function aside, critical

parts of the bridge are NOT open source and NOT decentralized, which allows the operator to take funds from the bridge.

Everyone please beware of risks of using EvoDeFi and DApps that connect to them such as ValleySwap and RIMSwap.

https://twitter.com/oasisprotocol/status/1521996135996534786?s=21&t=BHXDvQT5_nofdWVp9KVFkg

#cryptocurrency #english #oasis

0

08.05.2022

6 ответов

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Jesús Rodríguez

Alex
Sir, I have used evodefi and bridged some usdt-usd...

If the founds are in your wallet no risk at all, if you don't trust in that bridge don't use it anymore, your funds are safe until you sign a transaction with your wallet

0

08.05.2022

Alex

Jesús Rodríguez
If the founds are in your wallet no risk at all, i...

got you and thanks a lot

0

08.05.2022

Alex

Jesús Rodríguez
If the founds are in your wallet no risk at all, i...

so, unlike wormhole and Ronin whose usdc is issued by the bridge, the oasis usdc is issued by oasis instead of the bridge, am I understand correctly? Thanks

0

08.05.2022

Jesús Rodríguez

not related I think, you asked if they can steal your funds because yo used a bridge or a swap site, and if your funds are in your wallet can be stolen,no unless you interact with the site and sign a trasaction, that the coins worth something are backep by some algorithm or some third company was not the question

0

08.05.2022

Alex

Jesús Rodríguez
not related I think, you asked if they can steal y...

Thanks. Then who's backing oasis usdc? please bear with me the simple questions

0

08.05.2022

Alex · Accepted Answer

Alex

Sir, I have used evodefi and bridged some usdt-usdc over to oasis network. My question is: is my money safe at oasis if I stop using evodefi from now on? someone said my money was issued by evodefi and therefore not safe, and better bridge back. I am not sure about this. thanks

0

08.05.2022

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🚨 Regarding the EvoDefi Bridge: Admin backdoor take function aside, critical

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