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According to the reports, it was recorded that, Nirvana’s native token and stable coin lost around $3.5 million subjected to flash loan. Due to the attack both the digital assets saw their value plummet and drop significantly. The native token ANA and the stable coin NIRV slipped by at least 90%.
Aave AAVE/USD is an open-source as well as a non-custodial protocol that allows users to earn interest on deposits where they can borrow assets. It is known due to the fact that it allows for Flash Loans, which are instantly issued and settled. The Balancer partnership as a catalyst for growth On December 15, we […]
The transaction took place using a flash loan from a cryptocurrency exchange. The buyer and seller were one and the same.