Are hackers taking a break? December was the slowest month for crypto exploits, hacks and thefts in 2022, according to CertiK.
, causing the loan to be significantly undercollateralized, leading to the protocol's loss and a depeg of its stablecoin.of Defrost Finance’s v1 and v2 protocols on Dec. 23, where an attacker carried out a flash loan attack by adding a fake collateral token and a malicious price oracle to liquidate the protocol.stolen from the v1 protocol to an address controlled by Defrost, though funds are yet to have been returned for the v2 hack.
CertiK labeled the exploit an “exit scam” due to the fact an admin key was required to conduct the attack. Defrost
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