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 Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year June 18, 2022 Coinbase Expands Global Presence, Offering Spot Crypto Trading Beyond US December 13, 2023 Ripple’s RLUSD Joins USDC and USDT in Leading Next-Gen Global Payment Systems July 30, 2025
Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year June 18, 2022