Attacker scoops $370,000 profit in $51 million flash loan arbitrage on Avalanche

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Attacker scoops $370,000 profit in $51 million flash loan arbitrage on Avalanche
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One crypto arbitrageur was able to gain $370,000 from a flash loan exploit on the Avalanche-based DeFi platform Nereus Finance.

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Osato is a reporter at The Block who likes to cover DeFi, NFTS, and tech-related stories. He has previously worked as a reporter for Cointelegraph. Based in Lagos, Nigeria, he enjoys crosswords, poker, and attempting to beat his Scrabble high score.By signing-up you agree to our

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