FlamingoFinance Loses $346,000 in DeFi Exploit Using $18M Flash Loan

FlamingoFinance lost about $345,900 in a DeFi exploit after an attacker manipulated share prices in older Flamincome contracts, security firm Blockaid said Wednesday. The attacker used an $18 million USDT flash loan to increase the size of the trade and exploit the pricing flaw. The borrowed funds were used to interact with USDP liquidity-provider tokens […] Read The Full Article FlamingoFinance Loses $346,000 in DeFi Exploit Using $18M Flash L…