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Nereus hack – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 08 Sep 2022 03:29:05 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Nereus hack – DIGIT INFO https://www.digit.info 32 32 Avalanche flash loan exploit sees $371K in USDC stolen https://www.digit.info/avalanche-flash-loan-exploit-sees-371k-in-usdc-stolen/ Thu, 08 Sep 2022 03:29:05 +0000 https://www.digit.info/2022/09/08/avalanche-flash-loan-exploit-sees-371k-in-usdc-stolen/

The scammer deployed a custom smart contract, leveraging a $51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block.

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