Flamingo Finance suffered an attack in which the exploiter generated approximately $345,900 USDT in profit.
The attacker borrowed about $18 million USDT through Morpho flash loans, staked Curve USDP LP into Strategy during the transaction to inflate the VaultYUSDT share price, and then redeemed aUSDT liquidity.
Flamingo Finance Exploited for About $345,900 via Flash Loan Attack
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