Nov 14 2020

Value DeFi Drained of Millions in Latest Flash Loan Attack

published by Chris Williams
in blog Crypto Briefing
original entryValue DeFi Drained of Millions in Latest Flash Loan Attack

analysis

Value DeFi has been exploited for millions of dollars. An unknown attacker drained funds from Value DeFi's MultiStables vault using a flash loan, an innovation where DeFi users can borrow funds from a pool without providing any collateral, then pay back the loan in the same transaction. Value DeFi Suffesr $5.4 Million Loss...

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