WebOn 13 April 2024 at 05:52:35 AM +UTC, iearn Finance, a deprecated version of DeFi protocol Yearn Finance, experienced a Flash Loan Attack that led to millions of dollars in losses.. The losses that occurred on Aave version 1 could exceed a staggering $11M, which includes a range of stablecoins such as DAI (3032142), USDC (2579483), BUSD … WebMar 13, 2024 · The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC after the attacker conducted a flash loan attack. By Jamie Crawley , Shaurya Malwa Mar ...
What Are Flash Loan Attacks? CoinMarketCap
WebMar 13, 2024 · Mar 13, 2024. 2 min read. A shadowy super coder at work. Image: Shutterstock. Decentralized finance ( DeFi) platform Euler Finance has reportedly suffered an exploit of approximately $196.9 million, per audit platform BlockSec. The attacker nabbed $8.7 million in the decentralized stablecoin DAI, $18.5 million in Wrapped … WebMay 20, 2024 · Notably, PancakeBunny is the latest victim in the flash loan attacks being directed at DeFi projects that may not have written smart contract code that’s secure and … lakin bench
What Is a Flash Loan Attack — and How Do I Prevent It?
WebMay 18, 2024 · May 2024 DeFi Hacks Spartan DeFi Flash Loan Attack. Spartan Protocol is a BSC-based DeFi platform that was recently attacked with multiple flash loans, eventually resulting in a total loss of about $30 million. The attacker took out loans from PancakeSwap to get wrapped BNBs, which were swapped with Sparta’s native token … WebMay 28, 2024 · The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million in funds. Binance Smart Chain Defi ... WebFeb 25, 2024 · Decentralized finance (DeFi) protocols have aided the popularity of flash loans. And the majority of them are connected to the Ethereum network. In the year … jenkins java api documentation