Tag: flash loan attack

Apr 30 2022

Etherum-Based Saddle Finance Loses $10 Mln In Flash Loan Attack

Apr 30 2022 Published at Coingape under tags  defi attack flash loan attack news

Ethereum-based DeFi protocol Saddle Finance lost about $10 million in a flash loan attack on Saturday, data from blockchain security firm Peck Shield showed. Decentralized Finance (DeFi) popularity and flash loans attack on it are directly proportional to each other. As DeFi platforms have gained traction in the past few years, the hacks around it...

Mar 19 2022

Breaking: Bored Ape Airdrop Exploited To Steal $1.5 Mln in Apecoin

A vulnerability in the Bored Ape Yacht Club's (BAYC) airdrop was exploited to steal about $1.5 million in ApeCoin tokens (APE), a research report showed. APE tokens were initially distributed to holders of BAYC NFTs this Thursday, before being available to trade on the open market. Cybersecurity researcher Check Point Research said the hacker used...

Aug 30 2021

Breaking: Cream Finance Faces Second Flash Loan Attack in 2021, Loses $18 Million

Cream Finance, the Defi lending protocol has become a victim of another flash loan attack in which the losses are estimated to be about $18 million. According to early reports from Wu Blockchain, there were two attackers behind the exploit that carried out the heist in 17 transactions. Panic Shield, blockchain security, and the analytic The post Breaking: Cream Finance Faces Second Flash...

May 25 2021

AutoShark Finance Is the Latest Victim to the Third Flash-Loan Attack On Binance Smart Chain In A Week

Flash loan attacks on the Binance Smart Chain (BSC) are becoming an everyday affair now. DeFi protocols are becoming much more vulnerable to attackers exploiting the (BSC) platform. In a third flash-loan-attack incident within a...

May 23 2021

Binance Smart Chain-based Bogged Finance Falls Victim to Flash Loan Attack, BOG Tanks 98%

The Binance Smart Chain (BSC) is becoming more vulnerable to flash loan attacks on the DeFi protocol running over the platform. On Saturday, May 22, BSC faced a second such attack in a week's time with the victim...

Feb 13 2021

Dec 20 2020

Warp Finance Says It Recovered 75% of the $7.76M Funds Taken in Flash Loan Attack

Dec 20 2020 Published at CoinDesk under tags  flash loan attack markets news warp finance

The recovered funds should be distributed sometime late Sunday night.

Dec 18 2020

Warp Finance Suffers Possible $8M Flash Loan Attack

Dec 18 2020 Published at CoinDesk under tags  flash loan attack markets news warp finance

The scheme has become common in the fast-growing DeFi sector.

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