One Ring Finance

The blockchain platform One Ring Finance was targeted in a flash loan attack.

The attackers stole around $2 million in the swap and as the flash loan fees.

The attack was carried in a way to self-destruct at a specific block, making it almost impossible to track it.

One Ring along with qualified developers are trying to investigate the incident and clean all of their code.

Source: https://portswigger.net/daily-swig/flash-loan-attack-on-one-ring-protocol-nets-crypto-thief-1-4-million

"id": "ONE23124322",
"linkid": "one-ring-finance",
"type": "Cyber Attack",
"date": "03/2022",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization's existence"