French Police Arrest Duo Involved in Platypus Crypto Exploit
Flash loan exploit drained protocol of over $9 million in assets and knocked Platypus USD (USP) off its peg.
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Feb 27, 2023 at 8:18 a.m. UTC
Feb 27, 2023
Flash Loans
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USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK.
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Feb 16, 2023 at 9:34 p.m. UTC
Feb 16, 2023
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OpenZeppelin's 'Defender' Gives DeFi Teams a Weapon Against Flash Loan Attacks
Flash loan attacks have filched nearly $150 million from DeFi projects since 2020.
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Mar 11, 2021 at 2:01 p.m. UTC
Mar 11, 2021
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Warp Finance Suffers Possible $8M Flash Loan Attack
The scheme has become common in the fast-growing DeFi sector.
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Dec 18, 2020 at 2:37 a.m. UTC
Dec 18, 2020
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DeFi Exploits Can’t Be Pinned on Flash Loans, Industry Leaders Say
DeFi’s novel flash loan products aren't to blame for the recent string of exploits, industry leaders say.
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Nov 18, 2020 at 8:02 p.m. UTC
Nov 18, 2020
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Origin Protocol Loses $7M in Latest DeFi Attack
Stablecoin project Origin Dollar (OUSD) sustained a re-entrancy attack at 00:47 UTC Tuesday resulting in a loss of funds worth $7 million.
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Nov 17, 2020 at 2:06 a.m. UTC
Nov 17, 2020
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Value DeFi Suffers $6M Flash Loan Attack
The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million.
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Nov 14, 2020 at 8:59 p.m. UTC
Nov 14, 2020
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MakerDAO Members Voting on a Safeguard Against BProtocol Flash Loan-Type Attack
The MakerDAO community is voting on a proposal to harden the protocol's governance structure against flash loan voting.
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Oct 30, 2020 at 7:22 p.m. UTC
Oct 30, 2020
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Harvest Finance Boosts Bounty to $1M for Information Leading to Return of Exploited Funds
Harvest Finance is offering $1 million for information leading to the return of funds from Monday's $24 million exploit.
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Oct 29, 2020 at 7:06 p.m. UTC
Oct 29, 2020
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'Flash Loans' Have Made Their Way to Manipulating Protocol Elections
BProtocol used a flash loan to speed up election results on MakerDAO. The DeFi platform is now weighing changes to its voting process.
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Oct 29, 2020 at 5:45 p.m. UTC
Oct 29, 2020