These aren't flash loans attacks, but were DeFi issues that that led to the loss of user funds and downtime, both caused by improper oracle usage.
Protocol: Compound
Reference: Decrypt article | CLG article
Date: 11/26/20 8:00 UTC
Value (USD): $89M in false liquidations
Transaction: Example
Cause: Price oracle failure
Fix: Unclear
Protocol: MakerDAO
Reference: Post Mortem
Date: 11/25/20 22:46 UTC
Value (USD): opportunity cost of 3.5 hours of downtime
Transaction (USD): N/A
Cause: Price oracle failure
Fix: Unclear
PatrickAlphaC
commented
3 years ago
These aren't flash loans attacks, but were DeFi issues that that led to the loss of user funds and downtime, both caused by improper oracle usage.
Protocol: Compound Reference: Decrypt article | CLG article Date: 11/26/20 8:00 UTC Value (USD): $89M in false liquidations Transaction: Example Cause: Price oracle failure Fix: Unclear
Protocol: MakerDAO Reference: Post Mortem Date: 11/25/20 22:46 UTC Value (USD): opportunity cost of 3.5 hours of downtime Transaction (USD): N/A Cause: Price oracle failure Fix: Unclear