ChainBleedv0.1 · open intel
← back to feed·FLASHLOAN2020-11-14 · 5y ago
Incident · CHAINSEC

Value DeFi

Exploit
Estimated loss
$6.00M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
FLASHLOAN
FLASHLOANBYTECODE CATCHABLEAI SCANNABLE
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

Value DeFi was exploited for approximately $6 million earlier Saturday, possibly due to a flash loan attack, a scheme often seen in the fast-growing DeFi sector. Reported loss: $6,000,000.

Primary source
https://www.coindesk.com/value-defi-suffers-6m-flash-loan-attack
Sourced from
chainsec
Technical record
chain
protocol
Value DeFi
bug_class
flashloan
date_occurred
2020-11-14
loss_usd
$6,000,000
source_id
cs:value-defi::2020-11-14
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