Cybersecurity incident
Date: 2022-09-07 00:00:00
Affected organization: Avalanche blockchain
Affected country: Undetermined
Industry: Finance and Insurance
Event type: Exploitive
Event subtype: Undetermined
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: An attacker steals at least $370,000 worth of USDC stablecoins from a smart contract on the Avalanche blockchain in a flash loan attack, affecting multiple liquidity providers.