exploited

Cream Finance exploited in $18.8 million flash loan attack

Cream Finance exploited in $18.8 million flash loan attack

Decentralized finance (DeFi) lending protocol Cream Finance suffered an exploit Monday when a hacker utilized a weakness in the $AMP token contract to level a flash loan attack — resulting in $18.8 million stolen. The protocol notified the community this morning that 418,311,571 in AMP and 1,308.09 ETH were lost in the attack. For the …

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DeFi project Pickle Finance exploited for nearly $20M in DAI

DeFi project Pickle Finance exploited for nearly $20M in DAI

Decentralized finance protocol Pickle Finance lost almost $20 million in DAI in an exploit on Saturday. Pickle Finance is a yield aggregation service similar to the yEarn protocol. The exploit on Saturday appears to involve Pickle Finance’s DAI pJar product, which leverages the Compound protocol to harvest yield with DAI deposits. Funds from the exploit …

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