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Inverse Finance’s Money Market, Anchor Manipulated and Lost Over $15M

Inverse Finance’s Money Market, Anchor Manipulated and Lost Over $15M

Finance / By

On Saturday, Ethereum based crypto lending protocol Inverse Finance, disclosed that it had been hacked, with the attacker making off with $15.6 million in cryptocurrency. As per the project’s report, the hacker set his sights on the Anchor money market, rigging token prices to borrow money with very little collateral.  How Inverse Finance Lost Millions …

Inverse Finance’s Money Market, Anchor Manipulated and Lost Over $15M Read More »

Financial Crime: Ex-finance chief ordered to return $4.7 million she stole from children’s charity to buy fleet of planes, houses and a Corvette

Financial Crime: Ex-finance chief ordered to return $4.7 million she stole from children’s charity to buy fleet of planes, houses and a Corvette

Finance / By

The former finance director at a West Virginia children’s charity had been ordered to pay back $4.7 million she stole from the nonprofit and used to buy a fleet of airplanes, a lakeshore house and a Corvette. Ruth Marie Phillips, 69, pleaded guilty in September 2021 and was sentenced to seven years in prison in …

Financial Crime: Ex-finance chief ordered to return $4.7 million she stole from children’s charity to buy fleet of planes, houses and a Corvette Read More »

Inverse Finance Loses Over $15M In Oracle Manipulation

Inverse Finance Loses Over $15M In Oracle Manipulation

Finance / By

You are here: Home / News / DeFi / Inverse Finance Loses Over $15M In Oracle Manipulation April 3, 2022 by Lipika Deka Ethereum based DeFi protocol Inverse Finance [INV] revealed that an anonymous attacker has stolen $15.6 million worth of cryptocurrency. Detailing the incident, Blockchain security firm PeckShield, noted that the attacker exploited a vulnerability …

Inverse Finance Loses Over $15M In Oracle Manipulation Read More »

Inverse Finance’s Money Market, Anchor Manipulated and Lost Over $15M

Inverse Finance’s Money Market, Anchor Manipulated and Lost Over $15M

Finance / By

On Saturday, Ethereum based crypto lending protocol Inverse Finance, disclosed that it had been hacked, with the attacker making off with $15.6 million in cryptocurrency. As per the project’s report, the hacker set his sights on the Anchor money market, rigging token prices to borrow money with very little collateral.  How Inverse Finance Lost Millions …

Inverse Finance’s Money Market, Anchor Manipulated and Lost Over $15M Read More »

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