Flash Loan attack
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Bitcoin
DeFi News
Bitcoin
DeFi News

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

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

Altcoin News
Altcoin News

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 week’s time,  AutoShark Finance has been the latest victim. Blockchain security and data analytics firm PeckShield reported this incident and

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 week’s time,  AutoShark Finance has been the latest victim. Blockchain security and data analytics firm PeckShield reported this incident and

Bitcoin
DeFi News
Bitcoin
DeFi News

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 being the Defi protocol Bogged Finance (BOG). Earlier this week, a similar incident was reported for BSC-based

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 being the Defi protocol Bogged Finance (BOG). Earlier this week, a similar incident was reported for BSC-based