DeFi Protocol Inverse Finance Exploited for $1.2M

Decentralized Exchange MM.Finance Suffers $2M Exploit

Blockchain data apparently shows the exploiters flash borrowed over 27,000 wrapped bitcoin from lending protocol Aave to conduct the attack. The funds were routed through swap service Curve for various stablecoins before being used to remove DOLA, a stablecoin, from Inverse Finance pools.

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