Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million – News Bitcoin News
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports. The following Sunday, Bogged Finance saw $3 million exploited from a flash loan attack. Pancakebunny Gets Hit by a Flash Loan Attack – $3 Million Drained Ever since hackers leveraged flash loans to attack the defi ...
Source: bitcoin.com