Inverse Finance, an ethereum-based lending protocol, has lost $15.6 million in cryptocurrency following a hack, CoinDesk reported Saturday (April 2). The cyberattack reportedly targeted the Anchor money market and artificially manipulated token prices, borrowing loans against extremely low collateral. PeckShield, a blockchain security firm, said...
June 16, 2022
Inverse Finance, the ethereum-based DeFi tool, has seen an exploitation for over $1.2 million in cryptocurrency as of Thursday (June 16), CoinDesk writes, citing on-chain data. The exploiters apparently used a flash loan attack, tricking the protocol to steal over 53 bitcoin. The sum was worth over $1.1 million. There was also 10,000 tether taken, […]
April 03, 2022
Inverse Finance, an ethereum-based lending protocol, has lost $15.6 million in cryptocurrency following a hack, CoinDesk reported Saturday (April 2). The cyberattack reportedly targeted the Anchor money market and artificially...
