DeFi Protocol Cream Finance Says It’s Investigating $130 Million Exploit
Another day, another DeFi hack
Cream Finance
Another day, another DeFi hack
Cream Finance, a DeFi lending protocol, has been hacked for over $130 million—marking the third hack suffered by the protocol.
Cream Finance, a decentralized finance (DeFi) protocol that forms a part of the Yearn Finance ecosystem, has been hacked yet again. This time, some $130 million worth of its Cream…
DeFi lending protocol Cream Finance has been hit by another flash loan attack. This time, the attacker stole almost $136 million worth of DeFi tokens.
Cream Finance may have just suffered a major hack on Wednesday, reportedly loosing more than $100 million worth of funds to the massive flash loan attack. The flash loan attack…
The attacker exploited Cream Finance through a flash loan attack and got away with more than $130 million.
TL;DR Breakdown Cream Finance suffers DeFi hack worth $130 million. This is the third time the platform will be hacked this year.
Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms.
Cream Finance reported recovering $16 million of the stolen funds in the previous attack that we reported about in our latest cryptocurrency news today. A month after getting exploited for…
Cream Finance has managed to recover a substantial chunk of the recently stolen cryptocurrency funds.