Cybersecurity incident
Date: 2022-07-28 00:00:00
Affected organization: Nirvana Finance
Affected country: United States of America
Industry: Finance and Insurance
Event type: Exploitive
Event subtype: Exploitation of Application Server
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined
Description: The decentralized finance platform Nirvana Finance suffers a $3.5 million hack involving the use of flash loans to manipulate and drain its liquidity pools.