Two Times in Six Months: Cream Finance Exploited for $25 Million in ETH and AMP
The decentralized finance protocol Cream Finance suffered another security breach with roughly $25 million stolen from the platform.
Cream Finance
The decentralized finance protocol Cream Finance suffered another security breach with roughly $25 million stolen from the platform.
Decentralized finance (DeFi) project Cream Finance (CREAM) confirmed that they’ve suffered an exploit today. “C.R.E.A.M. v1 market on Ethereum has suffered an exploit, resulting in a loss of 418,311,571 in…
Ethereum-based DeFi protocol, Cream Finance, has reportedly lost over $25 million to a flash loan attack. The protocol offers a lending and borrowing platform for users and had its Amp…
The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions.
TL;DR Breakdown Cream Finance has suffered another security breach that drained about $25 million in AMP and ETH. The incident was a result of a “reentrancy bug” on AMP token…
Decentralized finance (DeFi) lending platform CREAM Finance lost $25 million in a flash loan attack, the second in the past six months. The post Cream Finance Loses $25M in Flash…
Cream Finance Defi project falls victim to a $25 million flash loan exploit involving Ampleforth’s AMP governance token, as we are reading more in our latest altcoin news. Lending and…
According to Cream Finance, the hack was executed “by way of reentrancy on the AMP token contract.”
CREAM Finance becomes the first to support Tether’s EURO-pegged stablecoin as we are reading more in our latest Tether news today. Tether is the company behind the biggest stablecoin by…
Cream’s users will be able to lend and borrow supported assets.