Rodeo Finance Exploited for $1.53M

On January 11, 2023, the decentralized finance (DeFi) platform Rodeo Finance was exploited for an estimated $1.53M. The exploit was carried out using a flash loan, a type of loan that must be repaid within a single Ethereum block. The attacker first took out a flash loan of 5.76 million USDC from the Balancer protocol....

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