Blockchain data apparently shows the exploiters flash borrowed over 27,000 wrapped bitcoin from lending protocol Aave to conduct the attack. The funds were routed through swap service Curve for various stablecoins before being used to remove DOLA, a stablecoin, from Inverse Finance pools.
Related posts
-
The Protocol: ENS on Bitcoin; Worldcoin, Without the Eyeballs
Plus: What Zuck can teach DAOs about governance. Original Spread the love -
DIGITAL NEWS PLATFORM MONIIFY TO DELIVER BUSINESS AND FINANCE CONTENT FOR MILLENNIALS AND GEN-Z IN EMERGING MARKETS
Founded by serial entrepreneur Naguib Sawiris, MONIIFY aims to empower the next generation of entrepreneurs and... -
Pro-crypto Legislation Could Usher in Renaissance for DeFi as TVL Rises 31%
Historically, institutions have hesitated to move on-chain due to regulatory risks. However, with bitcoin ETF AUM...