Crypto Currency Tracker logo Crypto Currency Tracker logo
Coinpedia 2024-01-13 09:09:33

Wise Lending Falls Prey to Flash Loan Hack: A $464,000 DeFi Breach

The post Wise Lending Falls Prey to Flash Loan Hack: A $464,000 DeFi Breach appeared first on Coinpedia Fintech News Wise Lending, a prominent Web3 lending application and yield aggregator fell victim to a flash loan attack due to contract vulnerability which resulted in a loss of approximately $464,000. This hacking incident marks it as one of the first significant crypto hacks of 2024 in the DeFi world. The exploit which was detailed by blockchain …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.