KuCoin is a trusted crypto exchange to buy, sell, and trade Bitcoin, Ethereum, and 1000+ altcoins—powering secure access to the Web3 economy.

Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin

<p>INSURANCEPOOL / COREVAULT EXPLOITED FOR ~$111K ON BNB CHAIN ⚠️

An attacker appears to have used flash loan price manipulation to trigger an inflated redemption payout.

Attack sequence:

1. Borrowed ~$143.6M in WBNB via Lista DAO's Moolah.
2. Manipulated liquidity pool prices through large swaps.
3. Triggered a 260.21 BNB (~$180.3K) withdrawal from InsurancePool via CoreVault.
4. Reversed swaps and repaid the flash loan.
5. Walked away with ~160.26 BNB (~$111K) before gas.

InsurancePool's net BNB depletion was ~$179.5K.</p>

INSURANCEPOOL / COREVAULT EXPLOITED FOR ~$111K ON BNB CHAIN ⚠️
An attacker appears to have used flash loan price manipulation to trigger an inflated redemption payout.
Attack sequence:
1. Borrowed ~$143.6M in WBNB via Lista DAO's Moolah.
2. Manipulated liquidity pool prices through large swaps.
3. Triggered a 260.21 BNB (~$180.3K) withdrawal from InsurancePool via CoreVault.
4. Reversed swaps and repaid the flash loan.
5. Walked away with ~160.26 BNB (~$111K) before gas.
InsurancePool's net BNB 

INSURANCEPOOL / COREVAULT EXPLOITED FOR ~$111K ON BNB CHAIN ⚠️ An attacker appears to have used flash loan price manipulation to trigger an inflated redemption payout. Attack sequence: 1. Borrowed ~$143.6M in WBNB via Lista DAO's Moolah. 2. Manipulated liquidity pool prices through large swaps. 3. Triggered a 260.21 BNB (~$180.3K) withdrawal from InsurancePool via CoreVault. 4. Reversed swaps and repaid the flash loan. 5. Walked away with ~160.26 BNB (~$111K) before gas. InsurancePool's net BNB depletion was ~$179.5K.

Comment