What I don`t like about the project is the Flashloan system (yeah we know in past it did some damage to other projects) and I also am not a fan of the 5% tax that they have... yeah it`s for development and buybacks... still don`t like taxes above 3%

Cryptobros te hacen un flashloan apalancan x100 te hackean la red de bitcoin pero tienen que prender un calefón y se les cae el mundo

$CS token was exploited for $714K in tx
bscscan.com/tx/0x906394b2e…

The root cause is that the sellAmount in the _transfer function is not updated in time.

Attack Flow:
1/ The attacker borrows BSC-USD via flashloan and swap into $CS.

23/05 HAN token dropped in value, and at some point people saw that it was possible to arbitrage the token at x2-20 of a circle

This information was in FlashLoan Alert and other private chats👨‍💻

1/5

#flashloan attack is a menace, which need to be tackled efficiently.

On analyzing #crypto hacks of Q1-2023, it's easy to see that Flash loan #hacks enjoy a lion's share in the #crypto fund losses pie.

The #CryptoCommunity must take a notice.

#crypto currency #CryptoNews #web3

They implemented a safety feature on the flashloan so it prevents unprofitable trades and malicious actors, if a trade is not profitable, the system wont allow the borrow of funds, good idea on this!

HACK Alert!!

#flashloan #Crypto #Web3 #web3community #Hacked #smartcontract #Crypto News #Tokens

Matt Holmes - mattman.algo Data Science (3 yrs experience), full stack dev (3yrs), AI engineering (less than a year), build handful of DeFi projects (Triangular arbitrage bots, Flashloan, Statistical arbitrage etc). Highest degree is MPhil. - Don’t know how I will be useful but let me know

Our system detected earlier today a flashloan attack on the Cellframe Network $CELL token - the attacker profited $75K:

RecoveryDAO Hi Guys Flashloan, and when Cex?

Today, the $CS token was exploited for $714K in a flash loan attack, using a #smartcontract vulnerability, which was harnessed to materialize this #hack .

Hack txn on BSC: bit.ly/3Wzt8zZ

#CryptoNews #CryptoCommunity #cryptomarket #cryptocurrencies #Tokens #TokenSale

👉 The obtained $Jimbo tokens were then exchanged back to $ETH, and the #flashloan was repaid, resulting in a profitable exit

Today blockchain network Cellframe Network suffered a flash loan attack, which caused the loss of
~$75.1k.

The fund loss happened in the Pancake v2 pool, that lost 245 BNB in the #exploit .

Contract: bit.ly/45JP5R1
#CryptoNews #cryptocurrency #CryptoCommunity #Cryptos

GPTToken under flashloan attack attempt

🔎Learn how to claim monthly FlareDrops:

✨24.2B FLR available to claim in 36 installments.
👛 All wallets holding Wrapped Flare (WFLR) can qualify.

flare.network/flaredrop-guid…

#Flare #ConnectEverything

5. Customizable tickspacing, reduced flashloan fees, and a delightful user experience make Algebra shine. ✨😍

4/. buy from pancake pair using 13202bnb and dump to babydoge router pair through FarmZAP, got 437bnb profit after repaying flashloan fee.
5./ Dev has included farm into fee address. Game over for copycat lol🤣

Day 27 of #30DaysofSolidityLW3 w/ LearnWeb3 1. Messed around with a Uniswap V3 Flashloan Contract from James Bachini
2. Got a start on Lesson 4 from Patrick Collins Blockchain JS tutorial covering further Solidity Concepts

🚨Flashloan Alert🚨Our system has detected a #Falashloan attack on $CS token and attacker was able to run away with $714K.
Attacker was funded by 🌪️ Tornado.cash 🌪️ and created a multiple malicious contract which was detected by our system, after 3 min executed the transaction.

Latest #DeFi security breach! Jimbos Protocol loses $7.3M due to exploit. Flash loans prove to be a common hacking tool again. How can DeFi platforms bolster their security measures? #JimbosProtocol #Arbitrum #FlashLoan #CryptoSecurity #Blockchain

cryptoupdate.io/2023/05/29/dec…

søi2studio Kavaskous ⚛🧪💦 ⚛️ 🧪Jonabel Belz🧪⚛️ Tommi how will this work in the case of a $NTRN governance flashloan attack?

Update: Cellframe Network Targeted in Flash Loan Hack, Leading to Substantial Losses🧐

#flashloan #Web3 #blockchaintechnology #CryptoNews #cryptocurrency

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samthoi Trader Joe Yes! This is an anomaly though. Some guy used a flashloan to emptied a $LOTUS fork liquidity resulting in over $250k in fees to be distributed to $JOE stakers on #Arbitrum