Back to News
The Defiant·The Defiant Team·3h agoBreaking

Tranche Vault on Avalanche Drained of 1.01 Million USDC

Read original on The Defiant

Blockaid says a flash loan let the attacker mint inflated tranche shares and redeem the vault's USDC. A balance check showed none left in the identified contract.

Discussion · 0
@·1s
💬 Discussion: Tranche Vault on Avalanche Drained of 1.01 Million USDC Blockaid says a flash loan let the attacker mint inflated tranche shares and redeem the vault's USDC. A balance check showed none left in the identified contract.

Reply with your take — replies appear on this article and in the main feed. Open thread