ID:
cream-finance-255
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Multi-Chain
Protocol
Lending
Flash Loans
Extended Method:
Flash loan attack
Days in Operation:
0
(0.00 Years)
100 pts each
The mortgage lending platform Cream Finance had a flash loan attack. In its post-mortem analysis report on the flash loan attack, it stated that a total of 460 million AMP tokens and 2804 ETH (worth approximately US$34 million at the time) were stolen from the vulnerability and promised 20% of all agreed fees will be used for repayment until it is fully repaid. This security incident has a major vulnerability attacker and an imitator. On October 4, according to a Cointelegraph report, DeFi security agency Lossless has assisted in recovering the stolen 5152.6 ETH worth nearly $16.7 million.
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