Key Highlights An onchain vault was drained of over 1.01 million $USDC using an exploit funded by a flash loan mechanism. Security firm Blockaid identified that flash loan capital was utilized to mint artificially inflated shares, enabling the malicious withdrawal. The victim contract balance dropped to zero $USDC, leaving no remaining funds to process user ...
Key Highlights: A third attacker exploited the same governance mechanism to drain approximately 550,000 X tokens in remaining liquidity from Uniswap V3. Across three separate operations, malicious actors have siphoned roughly 4.85 million USDT alongside 550,000 X tokens. According to cybersecurity firm Blockaid, the exploit remains active, with about 12.2 million X tokens still stored ...
Key Highlights An attacker orchestrated a complex multi-protocol exploit on September 6, leveraging over $1 billion in flash loans and borrowing $788 million across three Aave V3 markets to target Balancer V1. Aave incurred zero direct losses as the attacker returned all borrowed capital within the same transactions, bypassing balance-based detection mechanisms. Blockchain security firm ...