BEARISH 45 Unchained 1H ago · 2 min read

Flash-loan attacker drains about $1 million in USDC from Avalanche tranche vault

AI summary

A flash-loan attacker drained roughly $1 million in USDC from a tranche vault on Avalanche, according to security firm Blockaid. The attacker used borrowed funds to mint inflated shares and then cashed out the vault's USDC, which Blockaid linked to Valinor Digital and Fence. The incident is a reminder of smart-contract and DeFi vault risk on Avalanche, though the loss is small relative to broader market flows.

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Narrative history

1 linked story · 2 outlets · since 28 Oct

1H AGO

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Flash-loan attacker drains about $1 million in USDC from Avalanche tranche vault

Unchained · Score 45
14H AGO

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