Security Incident · ETH Ecosystem
Cheese Bank Flash Loan Attack: $3.30M Reported Loss
Cheese Bank, a decentralized autonomous digital banking platform based on Ethereum, suffered a loss of USD 3.3 million due to a hacker attack.
- Reported loss
- $ 3,300,000
- Attack category
- Flash loan attack
Incident Overview
Hackers conducted a series of malicious lending operations on platforms such as dYdX and Uniswap by using automatic market maker (AMM)-based oracles, resulting in a total loss of over US$3.3 million, including US$2 million in USDC.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.