Nov 22 2020

How YFI competitor Pickle Finance was exploited for $20m in Ethereum stablecoins

published by Nick Chong
in blog CryptoSlate
original entryHow YFI competitor Pickle Finance was exploited for $20m in Ethereum stablecoins

defi ethusd hacks

Call it a hack or call it an exploit, yesterday an unknown attacker managed to drain $20 million from an Ethereum-based yield aggregator called Pickle Finance into their own address. This attack was quite different and much more complex than the previous DeFi exploits, though, leaving some to ask if it was an inside hack. What is Pickle...

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