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$37.5 MILLION hacked from Crypto Alpha Finance....

 
Anonymous Coward
User ID: 77119396
United States
02/13/2021 11:11 AM
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$37.5 MILLION hacked from Crypto Alpha Finance....
Be careful investors, loaners of your btc, etc.

[link to cryptobriefing.com (secure)]

The attacker took over $37.5 million through a multi-step process involving a series of flash loans. They've started distributing the funds to various locations.

Alpha Finance appears to be the root cause of the exploit. Both teams say that they're investigating, with post-mortems to follow.





GLP