Inverse Finance 2022.06.16
Category: Other
Updated: 21 Jul 2022
Inverse Finance, an Ethereum-based DeFi protocol, exploited for around $1.26 million in cryptocurrency, due to an oracle price manipulation attack, enabled by a flash loan. The stolen funds have been swapped to ETH and deposited into the Tornado Cash cryptocurrency tumbler.
This is the second time in the past three months that Inverse Finance has suffered from an oracle manipulation attack.
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