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Tranche Vault on Avalanche Drained of 1.01 Million USDC

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Tranche Vault on Avalanche Drained of 1.01 Million USDC

Blockaid says a flash loan let the attacker mint inflated tranche shares and redeem the vault's USDC. A balance check showed none left in the identified contract.

Blockaid says a flash loan let the attacker mint inflated tranche shares and redeem the vault's USDC. A balance check showed none left in the identified contract.

svg]:px-3 text-sm font-normal text-accent-foreground border rounded-lg px-4 py-2 hover:bg-cta-primary-background" data-slot="button" href="/tag/avalanche">Avalanche svg]:px-3 text-sm font-normal text-accent-foreground border rounded-lg px-4 py-2 hover:bg-cta-primary-background" data-slot="button" href="/tag/usdc">USDC svg]:px-3 text-sm font-normal text-accent-foreground border rounded-lg px-4 py-2 hover:bg-cta-primary-background" data-slot="button" href="/tag/flash-loans">Flash loans

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