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flash loan News and Articles



Avalanche Nereus Finance

Avalanche Faced a $371,000 Flash Loan Attack

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Blockchain protocol Avalanche saw a flash loan attack of $371,000 worth of USDC stablecoins. According to blockchain security company Certik, the hack possibly impacted lending protocol Nereus, decentralized trading Trader Joe, and automated market maker Curve Finance. Later, Nereus Finance...

Pancake Bunny attacked

Pancake Bunny Lost $200 M as a Result of Flash Loan Attack

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Today, May 20 Binance Smart Chain-based DeFi aggregator PanCake Bunny was attacked and lost $200 M in crypto. The hacker used a flash loan. After the exploit, the price of the BUNNY token fell significantly, by about 96%. PanCake Bunny's team announced the criminal's steps through several tweets....

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