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Ethereum World News 2022-04-28 09:16:52

DEUS Finance Experiences Another Flash Loan Exploit, Loses Over $13M

The hacker exploited the USDC/DEI pool and stole $13.4 million. This is DEUS Finance’s second flash loan exploit in under two months, the first occurring in Mar. 2022. Flash loan exploits and hacks, in general, continue to be a threat to the DeFi market. DeFi infrastructure protocol DEUS Finance has suffered yet another flash loan exploit, according to blockchain security and data analytics company PeckShield. The latter tweeted on April 28 that the protocol had lost at least $13.4 million. […]

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