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
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Pyth launches new oracle ‘Lazer’ to offer price feeds to latency-sensitive apps Pyth launches new oracle ‘Lazer’ to offer price feeds to latency-sensitive apps
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
Latest News More More
10 Hours Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
10 Hours Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
3 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
June 20 Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open