Ethereum DeFi Protocol Cream Finance Succumbs To $130 Million Flash Loan Hack
Cream Finance is the latest Ethereum DeFi protocol to suffer another hack. The attackers had used a flash loan attack and made away with $130 million.
Cream Finance
Cream Finance is the latest Ethereum DeFi protocol to suffer another hack. The attackers had used a flash loan attack and made away with $130 million.
Ethereum (CRYPTO: ETH)-based DeFi protocol Cream Finance (CRYPTO: CREAM) was exploited for $130 million by hackers on Wednesday.
Cream Finance has suffered yet another flash loan exploit, its third of the year, this time losing $130 million. The attacker used the lending markets on Ethereum C.R.E.A.M v1 to…
Cream Finance suffered another exploit on Wednesday, in which the attacker stole around $130 million from Cream V1 lending markets on Ethereum.
Cream finance suffered another hack and lost more than $130 million which marked the third attack on the protocol so let’s read more about it in today’s crypto news. Cream…
The same DeFi platform was attacked twice earlier this year.
This is the third attack on the DeFi platform
Malicious actors continue to target decentralized finance projects for their exploits. On Wednesday, a major DeFi lending platform suffered a flash loan attack.
Ethereum (ETH)-powered decentralized finance (DeFi) project Cream Finance (CREAM) suffered another flash loan attack as the attacker reportedly stole more than USD 130m worth of tokens.
Another day, another DeFi hack