Avalanche flash loan exploit sees $371K in USDC stolen
The scammer deployed a custom smart contract, leveraging a $51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block.
The scammer deployed a custom smart contract, leveraging a $51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block.
Original source
Read on CointelegraphRelated market context
Scammers Exploit World Cup Hype as SEC and Congress Reshape Crypto Policy
Crypto scammers exploit World Cup hype as SEC proposes rule changes for tokenised stocks and Congress introduces a DOJ-led task fo...
Q2 2026 Sets All-Time High for DeFi Hack Count With ~70 Exploits, $746M Stolen
Q2 2026 has become the most-hacked quarter in DeFi history by incident count, according to DefiLlama, which logged approximately 7...
The next DeFi drain could come from legacy contracts everyone forgot
The Raydium AMM V3 exploit drained roughly $1.34 million from a phased-out program tied to five pools outside the current product...
Crypto scammers exploit World Cup ticket demand, TRM warns
FIFA and the FBI warned of ticket scams as TRM Labs identified World Cup-themed crypto fraud operations tied to multiple wallet ad...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...