WebAug 5, 2024 · Project beanstalk loses million loan attack. On April 17th, the decentralized finance (DeFi) project Beanstalk Farms was exploited for $182 million after an attacker … WebApr 21, 2024 · Just days before a massive hack drained all its funds, Beanstalk Farms announced it had $130 million in liquidity. While Weintraub said the founders contacted the FBI's Internet Crime Center following the attack, they have not heard back. Flash loan failure
Cryptocurrency theft leaves Beanstalk Farms
WebApr 18, 2024 · Last year another DeFi platform, CREAM Finance, lost at least $18 million in cryptocurrency in a flash-loan attack. In a postmortem examination of the Beanstalk fiasco by Omniscia's smart-contract auditors, they explain how a flaw in Beanstalk's design "compromised the protocol's governance mechanism, ultimately permitting the attacker to … WebThe community grant program aims to reward community members for creating quality content about the Beanstalk ecosystem. Through Q2 2024, a budget of 15,000 Beans per … easy homemade waffle mix
Solana-Based Protocol Drained $3.5M with Flash Loan Exploit
WebAug 9, 2024 · Decentralized Web3 protocol Pocket Network (CRYPTO: POKT) announced on Tuesday its partnership with open source liquidity market and lending platform Aave, enabling it to utilize Pocket’s distributed network of more than 44,000 nodes to access on-chain data from multiple blockchains. WebApr 18, 2024 · Though Beanstalk suffered a substantial loss, it was nowhere near the amount drained in cryptocurrency from an attack against Axie Infinity last month, when a threat actor breached the Ronin bridge and stole more than $600 million. In February, Wormhole saw a $320 million deficit from an attack that was also attributed to an "exploit." WebApr 30, 2024 · April 30, 2024 Ethereum-based DeFi protocol Saddle Finance lost about $10 million in a flash loan attack on Saturday, data from blockchain security firm Peck Shield showed. Decentralized Finance (DeFi) popularity and flash loans attack on it are directly proportional to each other. easy home md 18418