You are here: Home / News / Crypto Scam / Inverse Finance Lost $1.2M in a Flash Loan Oracle Exploit; Details June 17, 2022 by Vignesh Karunanidhi Inverse Finance was targeted with a flash loan hack merely two months after losing $15.6 million in a price oracle tampering assault. The attackers made off with $1.26 million in Tether (USDT) and Wrapped Bitcoin (wBTC). A flash loan is a sort of crypto loan that is usually acquired and returned in a single transaction, while Inverse Finance is an Ethereum-based decentralized finance (DeFi) system. The most recent vulnerability was manipulating the pricing […]