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Vauld Insights
2022-06-16 12:53:28

DeFi Hack: Inverse Finance Exploited For The Second Time This Year

DeFi Hack: Inverse Finance Exploited For The Second Time This Year

Ethereum-based lending protocol, Inverse Finance, has witnessed its second hack this year. The DeFi lender was exploited via price oracle manipulation through which, the attacker made a profit of $1.26 million in BTC and USDT. In light of this, the hacker misused the balances of assets in the pool to directly calculate the LP token […]The post DeFi Hack: Inverse Finance Exploited For The Second Time This Year appeared first on Vauld Insights.

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