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Attacker Drains $182M From Beanstalk Stablecoin Protocol

by BlaQue Crypto
April 17, 2022
in Bitcoin
Reading Time: 1 min read
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In line with the abstract, the attacker took out a flash mortgage on lending platform Aave which enabled them to amass a considerable amount of Beanstalk’s native governance token, Stalk. With the voting energy granted by these Stalk tokens, the attacker was capable of shortly go a malicious governance proposal that drained all protocol funds into a personal Ethereum pockets.



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Tags: 182MAttackerBeanstalkBitcoin NewsBlaQueBlaQue CryptoCrypto NewsDrainsLatest Crypto NewsProtocolStablecoin
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