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#dough finance

Dough Finance shuttered after a $2.5-million hack. Its recycled founders returned with a new project, with Trump’s backing.

#ethereum #defi #eth #usdc #aave #crypto hack #crypto exploit #compound finance #crypto news #ethusdt #defi protocol #flash loan attack #dough finance #defi hackers

Another DeFi protocol fell victim to an exploit on Friday morning. Dough Finance, an open-source protocol to create non-custodial liquidity markets, suffered a flash loan attack that took nearly $2 million in user funds. The project’s team announced they are working to resolve the situation promptly. Related Reading: SEC’s Crypto Stance Is ‘Anti-Investor’: CoinRoutes CEO […]

#ethereum #defi #aave #web3 security #digital assets #railgun #flash loan attack #smart contract exploit #dough finance #$1.8 million loss

The attacker exploited unvalidated calldata, resulting in 608 ETH being stolen.