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Cheese Bank’s multi-million dollar hack explained by security firm

November 16, 2020 by DIGIT
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Nefarious parties are using flashloans in conjunction with stablecoins to steal DeFi funds from platforms.

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Categories DAI, decentralized finance, defi, USDT
Nigerian Authorities Put Mastermind of the Inksnation Crypto Scam on Wanted List
3 key on-chain metrics suggest Ethereum price is in a 2017-style bull run


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  • bitcoinBitcoin(BTC)$66,695.00-3.24%
  • ethereumEthereum(ETH)$1,937.77-3.72%
  • tetherTether(USDT)$1.000.04%
  • rippleXRP(XRP)$1.36-4.03%
  • binancecoinBNB(BNB)$589.19-6.02%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$80.66-4.24%
  • tronTRON(TRX)$0.274078-0.72%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.20%
  • dogecoinDogecoin(DOGE)$0.089565-3.96%
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  • bitcoinBitcoin(BTC)$66,695.00-3.24%
  • ethereumEthereum(ETH)$1,937.77-3.72%
  • tetherTether(USDT)$1.000.04%
  • rippleXRP(XRP)$1.36-4.03%
  • binancecoinBNB(BNB)$589.19-6.02%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$80.66-4.24%
  • tronTRON(TRX)$0.274078-0.72%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.20%
  • dogecoinDogecoin(DOGE)$0.089565-3.96%