Dough Finance Falls Victim to $1.8M Flash Loan Attack
globalreutersJuly 12, 20241 Mins read 
Dough Finance Falls Victim to $1.8M Flash Loan Attack
Dough Finance, a DeFi protocol, lost $1.8 million in digital assets due to a flash loan attack. The attacker exploited unvalidated call data, stealing 608 ETH. Web3 security firm Cyvers detected the incident on July 12 and confirmed Aave’s pools were secure. The attacker used the ZK protocol Railgun to fund the attack, swapping stolen USDC for ETH. This highlights the vulnerabilities in DeFi and the need for robust security measures to protect digital assets.
The post Dough Finance Falls Victim to $1.8M Flash Loan Attack appeared first on Crypto Genius™.
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