DeFi protocol Deus Finance DAO suffered a $3 million flash loan attack.
The multi-chain DeFi protocol Deus Finance DAO has been hacked. By manipulating the price oracle of one of the project’s stablecoin loan contracts, the attackers managed to steal $3 million. The attacker then began laundering the stolen assets through Tornado Cash. Etherscan data shows that around 1,180 ETH ($2.9 million) was laundered.
The project said in a statement on the subject that the funds are safe and they will share a detailed review in the future.
The attacker’s manipulation of the price oracle has resulted in the bankruptcy of some users’ lending positions. The team also stated that affected users will be refunded.