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Coinpedia
2024-01-13 09:09:33

Wise Lending Falls Prey to Flash Loan Hack: A $464,000 DeFi Breach

Wise Lending Falls Prey to Flash Loan Hack: A $464,000 DeFi Breach

The post Wise Lending Falls Prey to Flash Loan Hack: A $464,000 DeFi Breach appeared first on Coinpedia Fintech News Wise Lending, a prominent Web3 lending application and yield aggregator fell victim to a flash loan attack due to contract vulnerability which resulted in a loss of approximately $464,000. This hacking incident marks it as one of the first significant crypto hacks of 2024 in the DeFi world. The exploit which was detailed by blockchain …

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