Wormhole co-founder Kain addressed the fundamental challenge of price oracles during security incidents, stating "there's no such thing as a price of an asset" in the context of hacks. Speaking alongside Samczook founder Tayvano and Wormhole Oracle on the Uneasy Money podcast, Kain explained why the internal price of Bitcoin during a hack diverges from external market prices, highlighting a persistent wall that every oracle builder encounters.
The discussion centers on how decentralized protocols rely on price feeds to function correctly, yet those feeds can become unreliable or manipulated during attacks when liquidity dries up or exploiters distort on-chain pricing mechanisms.
Kain Discusses Oracle Price Discrepancies During Hacks on Uneasy Money Podcast
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