Blizz Finance Depleted Protocol Assets by Attackers as Chainlink Paused $LUNA Price Feed

Avalanche lending protocol Blizz Finance tweeted that as Chainlink paused the $LUNA oracle, several attackers deposited millions of $LUNA which is still worth $0.10 according to the Chainlink oracle to borrow all the collateral. The protocol has been drained before they could pause due to their timelock.
Source

Avalanche

Lending

Terra

DeFi

Oracle

In This Article

Related News
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack
Avalanche buys back $53M of AVAX tokens from Terra’s LFG Avalanche buys back $53M of AVAX tokens from Terra’s LFG
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Latest News More More
16 Hours Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
16 Hours Ago Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million
1 Day Ago Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
1 Day Ago Singapore bans Polymarket amid national crackdown on online gambling sites
4 Days Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open