Flash loan attack News
Latest Flash loan attack News
Platypus Finance, a decentralized finance protocol on the Avalanche blockchain, has recovered 90% of its assets following a recent security breach involving flash loan attacks.
On September 8, 2022, 02.09:25 AM UTC, Certik’s security infrastructure, Skynet, identified a flash loan attack on New Free DAO ($NFD) a DeFi protocol on the BSC chain. NFD suffered a flash loan attack of about $1.25M (4,481 BNB) although…
Nirvana, the Solana-based stablecoin, is reported to have suffered a flash loan attack, leading to a loss of close to $3.5 million. According to the on-chain blockchain analytics firm, PeckShieldAlert, the network’s native tokens, stablecoin, ANA, and NIRV, dropped 89%…
Ethereum-based open-source protocol Inverse Finance suffered another hack which led to the loss of over $1.2 million worth of cryptocurrencies. The exploit is the platform’s second attack in two months. Inverse Finance Exploited Again In a tweet thread by blockchain…
On April 18, Beanstalk Farms, a credit-based stablecoin platform that suffered a hack of about $76 million in Crypto, promised a 10% bounty if the attackers reimbursed the cash. Hackers Can Keep $7.6M The attack was instigated via a flash…
Agave and Hundred Finance DeFi protocols have suffered a severe flash loan attack via a reentrancy vulnerability on March 15, 2022, gifting the hackers $11 million. Agave and Hundred Finance Hacked Decentralize Finance Protocols Agave and Hundred Finance are the…
Decentralized finance (DeFi) protocol xToken suffered another exploit following a vulnerability in the xSNX contract, which resulted in the loss of $4.5 million. Cream Finance protocol also lost over $26 million from a flash loan attack. Attackers Drain $4.5 Million…
In recent days, the Binance Smart Chain network has been a hotspot for flash loan attacks. There have been multiple attacks on popular liquidity protocols like PancakeBunny and Bogged Finance, resulting in losses worth millions of dollars. The latest victim…