tldr; Solana-based decentralized finance yield protocol, Nirvana, is the latest victim of a flash loan attack. The attacker managed to drain nearly $3.5 million worth of funds from the protocol. Flash loan attacks are basically a rapid pump-and-dump that uses the quick and collateral-free borrowing available via DeFi platforms.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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