Platypus DeFi Protocol Suffers $2 Million Loss in Series of Flash Loan Attacks

Platypus, a decentralized finance (DeFi) system, was hit hard by a sequence of flash loan attacks, resulting in the loss of over $2 million. In the aftermath of the assault, the protocol swiftly froze all its liquidity pools. Security experts from CertiK, a blockchain protection firm, revealed that the DeFi system was targeted thrice. The thieves successfully lifted approximately $2.23 million through these breaches. On October 12, the burglars made away with $1.2 million from Platypus in their initial strike. Within hours, they returned, siphoning another $575,000, and only sixty seconds...

source: https://tokenpost.com/Platypus-Faces-Third-Flash-Loan-Attack-This-Year-Losing-Over-2-Million-10811

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