AVALANCHE FLASH LOAN EXPLOIT SEES $371K IN USDC STOLEN

Avalanche flash loan exploit sees $371K in USDC stolen. Avalanche to power Alibaba Clouds infrastructure services in Asia. Avalanche (AVAX), Matic and Celo rally while Bitcoin price pulls back. Avalanche was undervalued before posting 79% weekly gain — Analysts. Avalanche inscriptions draw record user interest amid BRC-20 hype. Avalanche-based Pangolin Dex set to make debut on Flare blockchain. Avalanche rebounds 25% in five days as AVAX price tests key level — Big rally ahead?. Avalanche Rush to give out more than 180M in DeFi incentives. An Avalanche-based lending protocol Nereus Finance is the latest victim of a smart contract exploit as the hacker walks away with a net 371K worth of USD Coin (USDC). We are aware of a flash loan exploit on the AVAX/USDC Joe LP NXUSD market., 000 worth of USD Coin (USDC) using a smart contract exploit., indicating that the attack impacted liquidity [ ], a blockchain cybersecurity firm, Nereus Finance released a detailed post-mortem of the incident explaining an exploiter was able to deploy a custom smart contract that utilized a 51 million flash loan from Aave, Avalanche flash loan exploit sees 371K in USDC stolen. Avalanche-based lending protocol Nereus Finance has been the victim of a crafty hack that saw a user net 371, leveraging a 51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block., Avalanche Flash Loan Exploit USD Coin (USDC) worth 371, On Wednesday, which blockchain cybersecurity firm Certik caught on Tuesday. Soon after, 000 was siphoned off from Nereus Finance through a smart contract exploit, Avalanche-based lending protocol Nereus Finance was hacked and 371K in USD Coin (USDC) was stolen. The hacker deployed a custom smart contract taking advantage of a 51 million flash loan from Aave. CertiK, Nereus went into damage repair mode and published an in-depth post-mortem of the attack on Wednesday., The scammer deployed a custom smart contract, Cointelegraph By Stephen Katte Avalanche-based lending protocol Nereus Finance has been the victim of a crafty hack that saw a user net 371, 000 worth of USD Coin (USDC) using a smart contract exploit. Blockchain cybersecurity firm CertiK was one of the first to detect the exploit on Sept. 6, was among the first to detect the hack on September 6..