Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols.
The scammer deployed a custom smart contract, leveraging a $51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block.
NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play" and called on users to revoke permissions for any suspicious links in their Phantom wallets.
CoinCheckup melacak 40.000 mata uang kripto di 400 bursa, menawarkan harga langsung, prediksi harga, dan alat keuangan untuk pedagang kripto, saham, dan valas.
