New Free DAO, a decentralized finance (DeFi) protocol, faced a series of flash loan attacks on Thursday, resulting in a reported loss of $1.25 million. The price of the native token has dropped by 99%...
Tag: NFD
1.25mn USD Flash Loan Attack on New Free Dao; NFD loses 99% of Value
An insignificant DAO project named New Free DAO is reported witnessing an exploitation recently. Prominent blockchain security company, PeckShield, informed about the attack. On September 8th, 2022, ...