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Summer Finance Pauses Vaults After $65.4M Flash Loan Attack Triggers $6M Loss
Summer Finance pauses vaults after a $65 million flash loan exploit. Security firms Certik and Cyvers track the multi-step accounting attack.
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theblock.co
DeFi protocol Summer Finance exploited for $6 million; analysts point to flash loan attack
The attacker reportedly used a $65.4 million flash loan to gain a $70.9 million redemption on Summer.fi's Lazy Summer Protocol.
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coindesk.com
DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit
The protocol’s SUMR token fell by over 18% over the incident.
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news.bitcoin.com
Summer Finance Pauses Vaults After $65.4M Flash Loan Attack Triggers $6M Loss
Summer Finance pauses vaults after a $65 million flash loan exploit. Security firms Certik and Cyvers track the multi-step accounting attack.