Solend Detects an Oracle Attack, Resulting in about $1.26M in Bad Debt

Solana-based lending protocol Solend tweeted that an oracle attack on USDH affecting the Stable, Coin98, and Kamino isolated pools was detected, resulting in $1.26M in bad debt. All other pools including the Main pool are safe.

In addition, Solend said that affected pools have been disabled and exchanges have been notified of the exploiter's address.

Source

Solana

DeFi

Lending

Security Incidents

In This Article

Related News
North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
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
Canada to launch spot Solana ETFs this week: report Canada to launch spot Solana ETFs this week: report
Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged
Latest News More More
1 Day Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
4 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
5 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
June 30 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
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open