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CryptoSlate 2021-06-22 22:00:42

DeFi hacks on Binance Smart Chain continue as ‘Impossible Finance’ drained for $500k

Impossible Finance, a decentralized finance (DeFi) protocol on the Binance Smart Chain has been exploited for $500,000 in a flash loan attack. A flash loan attack is a common type of DeFi exploits in which hackers take an uncollateralized loan from a lending protocol and through a series of technical maneuvers manipulate the market in […]The post DeFi hacks on Binance Smart Chain continue as ‘Impossible Finance’ drained for $500k appeared first on CryptoSlate.

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