As the world becomes increasingly digital, traditional gifting practices are evolving to incorporate the latest technological advancements. The rise of cryptocurrencies has sparked a new wave of innovation in the gifting industry, and Codego is leading the way. With its groundbreaking launch of crypto gift cards, Codego is revolutionizing the way we give and receive gifts. These gift cards offer a unique and convenient solution, bridging the gap between traditional gifting and the world of digital assets. Unveiling a New…
Flash Loan Attack
Lodestar Suffers $6M Flash Loan Attack
A lending protocol in the Arbitrum ecosystem, Lodestar Finance has fallen victim to a flash loan attack. On December 10, a malicious actor was able to cart off about $5.8M in loot from the platform. Lodestar has since posted a Twitter thread explaining how the culprit was able to do so. Hacker Tweaks Exchange Rate, Withdraws Liquidity Per the post, the attacker’s approach was to manipulate the swap rate of the network’s plvGLP contract. The culprit set the rate at…
6 months ago 
863 views
NFD Loses 99% of its Value After Flash Loan Attack
According to circulating reports, on Thursday, September 8 DeFi project New Free DAO fell victim to a series of flash loan attacks. The exploits may have seen the company suffer losses scaling $1.25 million causing the value of its native token to tank. Notably, the price of the NFD token has fallen by about 99% following the attack. PeckShield Sounds the Alarm News of the attack initially emerged via a report from blockchain security firm PeckShield Alert. The company sounded…
9 months ago 1.2 k views