OUSD Flash Loan Attack: $7.00M Reported Loss
Matthew Liu, co-founder of Origin Protocol (OGN), a decentralized sharing economy protocol, wrote an article to disclose the details of the lightning loan attack on the US dollar stable currency Origin Dollar (OUSD).
- Reported loss
- $ 7,000,000
- Attack category
- Flash loan attack
Incident Overview
So far, the attack has caused about 7 million U.S. dollars in losses, including more than 1 million U.S. dollars deposited by Origin and its founders and employees. Currently, Origin is determining the cause of the vulnerability and whether it can recover the funds. Origin reminded, "Vault deposits are currently disabled. Please do not purchase OUSD on Uniswap or Sushiswap."
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.