Zunami protocol loses $2.1 mln in price manipulation hack

2023-8-14 13:00

The hack exploited the protocol's vulnerability by utilizing a flash loan to inject liquidity. Unknown attackers then manipulated prices and executed trades on the platform's decentralized exchThe post Zunami protocol loses $2.

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protocol zunami hack loses prices manipulated attackers

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A price manipulation hack causes Zunami protocol to lose $2.1M

Zunami Protocol has lost $2.1 million due to a flash loan hack that manipulated prices. The hacker used a flash loan to inject liquidity. The attacker made 1,152 ETH in the process. Zunami Protocol, a leading player in the decentralized finance (DeFi) industry, has suffered a serious setback after a security breach resulted in a […] The post A price manipulation hack causes Zunami protocol to lose $2.1M appeared first on CoinJournal.

2023-8-14 15:00