On Sep 26, ~$3,189,503 was stolen as a result of the flash loan attack on the stablecoin on the Ethereum chain
$VUSD experienced a 90% fall down and returned its 70% value so far
🕵️Malicious attack tx:
https://etherscan.io/tx/0x46567c731c4f4f7e27c4ce591f0aebdeb2d9ae1038237a0134de7b13e63d8729
• The attacker started with a loan of 2,000 $ETH borrowed from Balancer
• Then deposited the loan to Onyx and started executing many borrowing, lending & swaps of different tokens
• Ended up returning the $ETH loan with ~$3.1M profit of $VUSD
🚨Exploit Alert🚨
Reportedly, $VUSD got hit by a malicious entry and dropped over 90% as a result
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