$1B Flash Loan Attack Exposes Hidden DeFi Money Laundering Risks
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 ...