DeFi protocol Deus Finance DAO suffered a $3 million flash loan attack.
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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.
https://twitter.com/DeusDao/status/1503652836978143242
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.
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