$6,000,000 Drained From Crypto Platform In ‘Flash Loan’ Exploit

The Lazy Summer Protocol operated by Summer.fi has paused all vaults and set deposit caps to zero across networks after an active exploit was identified. According to the blockchain security firms PeckShieldAlert and CertiKAlert, the protocol has been exploited for around $6 million. CertiK says the hacker exploited the protocol’s flash loan smart contracts, enabling […] The post $6,000,000 Drained From Crypto Platform In ‘Flash Loan’ Exploit appeared first on The Daily Hodl.