The scammer deployed a custom smart contract The scammer leveraged a $51 million flash loan to manipulate the AVAX/USDC Joe LP pool price AVAX Price at the time of writing – $18.79 Avalanche-based lo...
Tag: 371K
Avalanche-Based Protocol Loses $371K In Flash Loan Attack
A flash loan exploit targeted Nereus Finance, an Avalanche-based lending protocol, resulting in losses amounting to over $300K. Avalanche Flash Loan Exploit USD Coin (USDC) worth $371,000 was siphoned...