Wrap Finance Loses Nearly $8M in Flash Loan Attack

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By Anx in Cryptocurrency
Updated 3 years ago

Lending protocol Wrap Finance has become the latest victim of a flash loan attack, losing approximately $7.7 million on Dec. 18. The attacker siphoned $7.7 million worth of stablecoins, with the team saying there is a plan to recover $5.5 million, w...

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