Tranche Vault on Avalanche Drained of 1.01 Million USDC

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According to Blockaid, a flash loan allowed the attacker to mint inflated Tranche Vault shares and redeem the vault’s USDC. A balance check subsequently showed that no USDC remained in the identified contract. The attack drained 1.01 million USDC from the vault.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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