DeFi loan protocol warp finance attacked, lost $7.7 million in stablecoins
Warp Finance is a lending protocol for decentralized financing (DeFi) and they have been hit by an attack on flash loans. As a result, $7.7 million of stablecoins were lost. Borrowing more than underwalls cover Warp says the attack essentially allowed one user to borrow more money than the value of the collateral provided. This …
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