Cryptocurrency
[loss] $2M+
"Dough Finance loses $1.8M in flash loan attack"
Primary Source ↗Financial Loss
$1.8M
(1,800,000 USD)
Blockchain(s)
Ethereum
Incident Details
Defi platform Dough Finance was hacked for 608 ETH ($1.8 million) by a hacker using a flash loan attack funded through the Railgun privacy service.Dough Finance sent an on-chain message to the attacker, asking them to return the “misappropriated funds”, threatening that they would “pursue all criminal, legal, and administrative avenues available” in the event that the attacker did not do so.
Total loss estimated at $1,800,000.
Technical Details
- Initial Attack Vector
- Flash loan attack on smart contract
- Vendor / Product
- Dough Finance
Timeline
- 2024-07-12 Breach occurred
- 2024-07-12 Publicly disclosed