DeFi protocol Cream Finance suffered yet another hack this year after an exploit stole at least $130 million in what could be one of the largest thefts in decentralized finance.
The attack on the Ethereum-based lending protocol was first reported by The Block Crypto, which cited a tweet by PeckShield Inc. highlighting a large flash-loan transaction that carried out the theft.
The burgeoning DeFi landscape has drawn in billions of dollars in investor funds, but it has been a frequent target by hackers, with many using flash loans -- a type of uncollateralized lending -- as a way to ...
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