Cryptocurrency
[loss] $370,000
Tweet by CertiKAlert
Primary Source ↗Financial Loss
$370,000
(370,000 USD)
Blockchain(s)
Avalanche
Incident Details
An attacker using the Avalanche blockchain successfully executed a flash loan attack impacting one contract and several other liquidity providers. The attacker made around $370,000 in USDC from the attack.
Total loss estimated at $370,000.
Technical Details
- Initial Attack Vector
- Flash loan attack on smart contract
- Vendor / Product
- Avalanche flash loan attacks
Timeline
- 2022-09-06 Breach occurred
- 2022-09-06 Publicly disclosed