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Flash Loan
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Cream Finance: Offered a bug bounty to an attacker after a flash loan attack in 2021.
Decentralized lending protocol Cream Finance experienced multiple major flash loan attacks in 2021, resulting in cumulative losses of tens to hundreds of millions of dollars in assets. In response to these security incidents, the Cream Finance team adopted proactive strategies, including pausing affected markets, collaborating with security firms to fix vulnerabilities, and repeatedly offering public bug bounties of up to 10% to attackers to encourage the return of stolen funds. These incidents and their subsequent handling deeply reflect the early challenges in smart contract and oracle security within the DeFi space.
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SashimiSwap Project Retrospective: A DEX That Once Aimed for Fairness and Its Current State
SashimiSwap is a decentralized exchange (DEX) launched in 2020 and developed by the aelf team. It aims to achieve a “fairer” token distribution by distributing SASHIMI tokens through 100% liquidity mining. The project once attracted a significant amount of liquidity but suffered a flash loan attack in late 2021, resulting in a loss of approximately $210,000. Since then, activity on SashimiSwap has declined significantly, and it is currently in a state of near-stagnation. Liquidity mining is no longer active, and users are advised to exercise caution.
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Approximately $1.1 million Was Stolen in an Attack on Allbridge Core on Solana
Svmuu News: According to Onchain Lens, Allbridge Core was attacked on Solana. The attacker borrowed $1.12 million in USDC via a Kamino flash loan, then quickly exchanged USDC for USDT, distorting the
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Approximately $1.1 million Was Stolen in an Attack on Allbridge Core on Solana
Svmuu News: According to Onchain Lens, Allbridge Core was attacked on Solana. The attacker borrowed $1.12 million in USDC via a Kamino flash loan, then quickly exchanged USDC for USDT, distorting the
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Cream Finance: Offered a bug bounty to an attacker after a flash loan attack in 2021.
Decentralized lending protocol Cream Finance experienced multiple major flash loan attacks in 2021, resulting in cumulative losses of tens to hundreds of millions of dollars in assets. In response to these security incidents, the Cream Finance team adopted proactive strategies, including pausing affected markets, collaborating with security firms to fix vulnerabilities, and repeatedly offering public bug bounties of up to 10% to attackers to encourage the return of stolen funds. These incidents and their subsequent handling deeply reflect the early challenges in smart contract and oracle security within the DeFi space.
-
SashimiSwap Project Retrospective: A DEX That Once Aimed for Fairness and Its Current State
SashimiSwap is a decentralized exchange (DEX) launched in 2020 and developed by the aelf team. It aims to achieve a “fairer” token distribution by distributing SASHIMI tokens through 100% liquidity mining. The project once attracted a significant amount of liquidity but suffered a flash loan attack in late 2021, resulting in a loss of approximately $210,000. Since then, activity on SashimiSwap has declined significantly, and it is currently in a state of near-stagnation. Liquidity mining is no longer active, and users are advised to exercise caution.
Flash Loan
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Hyundai Motor Group Executive Chair Chung Euisun said steel from its planned Louisiana mill could be used in Atlas humanoid robots and SpaceX rockets.
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Citi expects the Strait of Hormuz to reopen in Q4 2026, raising its 0-3 month gold target price to $4,800/oz.
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AI chip supply crunch leads to "RAMageddon" for consumer electronics, with prices for phones, laptops, and gaming consoles already on the rise.
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JPMorgan Chase has reinstated its long position on the dollar, with analysts believing the dollar remains undervalued by 3% to 4% relative to interest rate differentials, and that the resilience of the U.S. economy has not been fully priced in.
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Goldman Sachs analysts believe that the appreciation of the Japanese Yen "has just begun," with rising expectations for a Bank of Japan (BOJ) interest rate hike and GPIF asset reallocation being key driving factors.
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Hon Hai's August revenue reached NT$921.8 billion, a year-on-year increase of 51.98%, setting a new record for the same period.
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Elon Musk retweeted Tesla Japan's post, announcing the imminent launch of the Cybercab Japan Tour, which will cover all four venues in Tokyo, Osaka, and Nagoya.
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Elon Musk reposted Gfilche's tweet, stating that the Tesla Cybercab achieves over 200 MPGE in efficiency, utilizes new injection molding technology, and brings a new paradigm of sustainable development to transportation.
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Strong demand from Asian refiners is driving up Middle Eastern crude oil prices, with DME Oman crude approaching $100.
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J.P. Morgan analysts note that while the yen is bullish in the short term, its upward momentum faces a test as policy expectations are realized; investors should be wary of the fact that expectations of a Bank of Japan rate hike and GPIF asset reallocation have already been largely priced in.
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