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Lending and Borrowing

Decentralized finance is transforming traditional lending and borrowing, offering new opportunities for users to access financial services without intermediaries.

Lending and Borrowing

Decentralized finance is transforming traditional lending and borrowing, offering new opportunities for users to access financial services without intermediaries.

Lending and Borrowing   -   Jun 14, 2023 DeFi Lending Protocol Sturdy Finance Hacked Using Vulnerability in Another DeFi Project, Balancer
hacker, BlockSec's screenshot of code, Sturdy Finance l

Another DeFi lending protocol has become the victim of hackers as Sturdy Finance lost more than $760,000 worth of users' assets. Is something broken in DeFi lending?

Lending and Borrowing   -   May 27, 2023 A Bug in Aave V2 on Polygon Has Been Fixed
Aave logo, Polygon logo, Text cloud from the "This is fine" meme

A routine update of interest rate parameters temporarily blocked over $100 million in various assets in the Polygon version of Aave V2.

Flash Loan Attack Drains $4.5 Million, Forces Radiant Capital to Pause Operations on Arbitrum
Lending and Borrowing   -   Jan 04, 2024 Flash Loan Attack Drains $4.5 Million, Forces Radiant Capital to Pause Operations on Arbitrum

Radiant Capital halted its Arbitrum operations after a $4.5 million flash loan attack, highlighting a vulnerability in the protocol. This exploit reportedly leveraged a rounding error in the Compound/Aave codebase.

Mathilde Adam
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Lending and Borrowing   -   Jan 04, 2024 Flash Loan Attack Drains $4.5 Million, Forces Radiant Capital to Pause Operations on Arbitrum
Flash Loan Attack Drains $4.5 Million, Forces Radiant Capital to Pause Operations on Arbitrum

Radiant Capital halted its Arbitrum operations after a $4.5 million flash loan attack, highlighting a vulnerability in the protocol. This exploit reportedly leveraged a rounding error in the Compound/Aave codebase.

Mathilde Adam
Lending and Borrowing   -   Jun 14, 2023 DeFi Lending Protocol Sturdy Finance Hacked Using Vulnerability in Another DeFi Project, Balancer
hacker, BlockSec's screenshot of code, Sturdy Finance l

Another DeFi lending protocol has become the victim of hackers as Sturdy Finance lost more than $760,000 worth of users' assets. Is something broken in DeFi lending?

Alex Harutunian
Lending and Borrowing   -   May 27, 2023 A Bug in Aave V2 on Polygon Has Been Fixed
Aave logo, Polygon logo, Text cloud from the "This is fine" meme

A routine update of interest rate parameters temporarily blocked over $100 million in various assets in the Polygon version of Aave V2.

Alex Harutunian
Lending and Borrowing   -   Apr 28, 2023 Hundred Finance Hacked for $7 million
Hundred Finance and Optimism logos

Multi-chain lending protocol Hundred Finance has been hacked. The hacker drained the protocol by manipulating the loan-to-collateral security mechanism.

Alex Harutunian
Lending and Borrowing   -   Mar 27, 2023 UPD: Euler Finance Hacker Returns around 59,000 Ether

On March 25 the hacker behind Euler Finance’s $197 million exploit returned most of the stolen funds to the protocol.

Alex Harutunian
Lending and Borrowing   -   Mar 23, 2023 UK Court Ordered Oasis to Exploit Own Security Flaw to Recover 120k wETH Stolen in Wormhole Hack
Oasis Wormhole hack counterattack

Around $140 million worth of wrapped ether, stolen last year in a hack on the Wormhole token bridge, has been recovered using a counter-exploit on the Oasis.app vault in which it was being held. A UK court ordered Oasis to carry out the recovery action.

Jack Martin
Lending and Borrowing   -   Mar 22, 2023 Euler Finance $197M Hack
Euler Finance $197M Hack

On March 13th, 2023, the cryptocurrency experienced market turbulence after a hacker made a record-breaking $197 million by exploiting the Euler Finance protocol using flash loans.

Alex Harutunian
Lending and Borrowing   -   Dec 20, 2022 Lodestar Finance Became a Victim of Another Hacker Attack
Lodestar logo

Lodestar Finance has been subjected to a hacker attack. The attacker manipulated the oracle and was able to steal several million dollars.

Alex Harutunian
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