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Reading: Hacking: dForce suffers $3.65 Million loss Through Price Manipulation
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ElevenPost > Blog > Hacking > Hacking: dForce suffers $3.65 Million loss Through Price Manipulation
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Hacking: dForce suffers $3.65 Million loss Through Price Manipulation

Mubarak bk  - Author Published February 11, 2023
Last updated: 2023/02/11 at 6:48 PM
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The DeFi aggregation platform dForce was attacked in Arbitrum and Optimism, and the attackers made a profit of about 3.65 million US dollars. According to the analysis of SlowMist, the root cause of this attack is that the attacker used the process of first transferring Native tokens and then burning LP when removing liquidity in wstETH/ETH Pool, triggering the callback of receiving Native tokens to re-enter to manipulate the virtual price and Liquidate other users for profit.

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TAGGED: dforce hacking, Featured
SOURCES: Slowmist
Mubarak bk February 11, 2023
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