Data leak
[loss] $130M+
"Cryptocurrency Loan Platform Implodes In $130 Million Hack"
Primary Source ↗Financial Loss
$130.0M
(130,000,000 USD)
Incident Details
Crypto lending service C.R.E.A.M. Finance lost $130 million in a flash loan attack. It was the third hack of the platform this year, following a $37.5 million hack in February and an $18.8 million attack in August.
Total loss estimated at $130,000,000.
Technical Details
- Initial Attack Vector
- Flash loan attack on smart contract
- Vendor / Product
- C.R.E.A.M.
Timeline
- 2021-10-27 Breach occurred
- 2021-10-27 Publicly disclosed