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Paddle: The Avalanche-based financial protocol Defrost Finance was exploited, resulting in a loss of approximately $173,000

2022-12-23 21:10:49
Collection

ChainCatcher message, the Shield monitoring shows that the financial protocol Defrost Finance on the Avalanche chain has been exploited, with hackers profiting approximately $173,000. Due to the lack of a reentrancy lock in the flashloan() and deposit() functions, the hacker borrowed all USDC without repayment. (Source link)

warnning Risk warning
Related tags
Avalanche Defrost Finance Hacker
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