Avalanche DeFi Staking Platform Suffers Flash Loan Attack

Deutschland Nachrichten Nachrichten

Avalanche DeFi Staking Platform Suffers Flash Loan Attack
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

The exploiter drained $370,000 in USDC stablecoin.

, CertiK’s on-chain security software Skynet disclosed more than $2.33 billion had been lost to various scams and exploits in the Web 3 space, and a total of nearly 377 attacks have been recorded so far this year.

August alone recorded 44 such attacks, with 33 being exit scams and seven deemed as flash loan attacks, among others. Even as flash loans continue to be a major pain point for the ecosystem, Skynet’s report stated that these attacks have significantly decreased compared to July. In fact, a drop of 95% was seen for these sorts of attacks cumulating to a $745k loss, the second lowest number logged this year after February. It said,

“August boasts the lowest total amount lost since February this year and did not even break $1 million in loss. Over the course of 7 attacks, we recorded $745,244 in damages, an immense 95% decrease compared to the previous month of July. The average loss per attack this month was $106,463 the lowest amount we at CertiK have ever recorded for flashloans.”

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Crypto_Potato /  🏆 568. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Attacker scoops $370,000 profit in $51 million flash loan arbitrage on AvalancheAttacker scoops $370,000 profit in $51 million flash loan arbitrage on AvalancheOne crypto arbitrageur was able to gain $370,000 from a flash loan exploit on the Avalanche-based DeFi platform Nereus Finance.
Weiterlesen »

Guest Post by Everscale: Review of the latest proposals on EverDAO | CoinMarketCapGuest Post by Everscale: Review of the latest proposals on EverDAO | CoinMarketCapCMCCommunity Spotlight ✨ Review of the latest proposals on EverDAO 🔥 Everscale_net Crypto CoinMarketCap CMC CMCY $EVER
Weiterlesen »

Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days – Bitcoin NewsValue Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days – Bitcoin NewsThe decentralized finance (defi) and liquid staking protocol Lido’s total value locked (TVL) jumped 6.34% this week ahead of TheMerge.
Weiterlesen »

Degens borrowing ETH to get fork tokens create headaches for DeFi platformsDegens borrowing ETH to get fork tokens create headaches for DeFi platformsWhile Aave and Compound Finance have taken different approaches, both have ultimately opted to deter PoW token hunters from borrowing too much ETH to avoid liquidity issues.
Weiterlesen »

DeFi Platform Curve Finance Takes First Steps Toward crvUSD StablecoinDeFi Platform Curve Finance Takes First Steps Toward crvUSD StablecoinSome analysts say a native CurveFinance stablecoin could create a more efficient and reliant token model even as details of the token remain scarce. By shauryamalwa
Weiterlesen »



Render Time: 2025-03-04 23:41:37