The attacker is extracting $ 182 million from the Beanstalk Stablecoin protocol

The attacker is extracting $ 182 million from the Beanstalk Stablecoin protocol

According to the summary, the attacker took out a flash credit on the Aave lending platform that allowed them to collect a large amount of Beanstalk’s original management token, Stalk. With the voice power granted by these Stalk tokens, the attacker was able to quickly pass a malicious management proposal that exhausted all protocol resources into a private Ethereum wallet.



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