Cryptocurrency
[loss] $1M+
Tweet by Solend
Primary Source ↗Financial Loss
$1.3M
(1,260,000 USD)
Blockchain(s)
Solana
Incident Details
Solend announced that an exploiter had manipulated the oracle price of an asset on their platform, allowing them to take out a loan that left the platform with $1.26 million in bad debt. They reported that they had paused affected pools, and did not anticipate other pools on the platform were at risk.
Total loss estimated at $1,260,000.
Technical Details
- Initial Attack Vector
- Oracle price manipulation
- Vendor / Product
- Solend attack
Timeline
- 2022-11-02 Breach occurred
- 2022-11-02 Publicly disclosed