3 ms·
Technical description of what happened instead of the (current submissions) focus on monetary losses: https://medium.com/@omniscia.io/beanstalk-farms-post-morte
by capableweb 5y ago
Technical description of what happened instead of the (current submissions) focus on monetary losses: https://medium.com/@omniscia.io/beanstalk-farms-post-mortem-analysis-a0667ee0ca9d https://medium.com/@omniscia.io/beanstalk-farms-post-mortem-...
Summary:
> flash-loan attack due to a flaw in its newly introduced Curve LP Silos that compromised the protocol’s governance mechanism, ultimately permitting the attacker to conduct an emergency execution of a malicious proposal siphoning project funds