Dough Finance loses $1.8M in flash loan attack

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Security provider Olympix urged Dough Finance users to withdraw their funds to a secure wallet.

Decentralized finance protocol Dough Finance lost $1.8 million in digital assets after a flash loan attack on the protocol.that they had detected multiple suspicious transactions. The company communicated with lending protocol Aave to check if pools were affected. However, the security firm confirmed that pools within Aave were safe.

Despite this, Dough Finance suffered the brunt of the attack. According to Cyvers, the attacker was funded through the zero-knowledge protocol Railgun and swapped the stolen USD Coin and security keys.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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The best finance and security apps for college studentsAmy Skorheim has an English degree from UCLA and has been a commerce writer for six years, covering tech, men’s gear and outdoor paraphernalia. Her work has appeared in publications that include Futurism, Digg and Huckberry. After four years as the managing editor of GearMoose, she joined the commerce team at Engadget in 2022.
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