Avalanche flash loan exploit sees $371K in USDC stolen Post author:MiamiCrypto Post published:September 8, 2022 Post category:Avalanche / AVX / Nereus / Nereus hack / price calculation / USDC The scammer deployed a custom smart contract, leveraging a $51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block. You Might Also Like Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months October 22, 2022 Price analysis 7/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX July 18, 2022 Circle clears ‘substantially all’ minting and redemption backlog for USDC March 16, 2023