MEDIUMEthereum·Flashloan Price Oracle Attack·#359 all-time

Growth DeFi

$1.3M stolenTuesday, February 9, 2021 · 1949 days ago

Situation Summary

2/9/2021 — EXPLOIT DETECTED

Growth DeFi was exploited via a flashloan price oracle attack attack on the Ethereum network. Approximately $1.3M in funds were drained from the protocol.

TECHNIQUE: FLASHLOAN PRICE ORACLE ATTACK

The attacker used a flashloan price oracle attack vector to drain funds. Check the social reactions below for community analysis and on-chain investigation threads.