price oracle manipulation – DIGIT INFO

$100M drained from Solana DeFi platform Mango Markets, token plunges 52%

DIGIT — Wed, 12 Oct 2022 01:35:07 +0000

The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings.

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Inverse Finance exploited again for $1.2M in flashloan oracle attack

DIGIT — Fri, 17 Jun 2022 03:49:51 +0000

No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds.

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Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of Slowing

DIGIT — Thu, 12 Nov 2020 03:45:24 +0000

On November 9, a writer from the website samczsun.com published a report that shows a number of issues with price oracle manipulation stemming from a few blockchain applications. The researcher notes that price oracle manipulation has resulted in “over $30 [million] in losses so far.” According to the researcher from samczsun.com there’s been a substantial […]

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