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Home News CertiK: Rhea Finance Exploited, Suffers Loss of at Least Around $7.6 Million

CertiK: Rhea Finance Exploited, Suffers Loss of at Least Around $7.6 Million

CertiK: Rhea Finance Exploited, Suffers Loss of at Least Around $7.6 Million

BlockBeats News, April 16th, according to CertiK monitoring, the DeFi protocol Rhea Finance was attacked, with attackers withdrawing a total of at least $7.6 million. The attacker exploited a flash loan to create a fake token contract and injected liquidity into a new pool, deceiving the oracle and verification layer to execute the attack.

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