Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit
Harvest Finance has seen its total value locked drop by more than $500 million in the 12 hours since being hit by a flash loan attack.
Exploits
“Attacker got away with 2.8m, dai vault lost 11.1m,” a Yearn Finance developer posted in Discord.
Rogue developers seem to have rug-pulled their own project, Compounder Finance, netting some $10.8 million in funds from the project’s investors.
DeFi Transaction Batching Tool Exploited for $14M
Feb 27, 2021
The exploiter used a fake contract to trick the dapp into thinking it was an Aave v2 update.
DeFi’s novel flash loan products aren't to blame for the recent string of exploits, industry leaders say.
DeFi Project Akropolis Drained of $2M in DAI
Nov 12, 2020
Decentralized finance platform Akropolis’ yCurve pools have been drained resulting in the loss of $2 million.
