ID:
impossible-finance-327
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Binance
Protocol
Dexes
Flash Loans
Extended Method:
Flash loan attack
Days in Operation:
0
100 pts each
Impossible Finance, the DeFi protocol on the BSC chain, was attacked by a lightning loan, and the attacker made a profit of 1,510.75 WBNB (a total of US$497,000). On June 25, the attackers refunded approximately $252,000. The core of this attack is that the K value check is not performed in the cheapSwap function, which causes the attacker to obtain additional tokens by performing multiple exchange operations in one exchange process.
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