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DeFi Protocols Cream Finance, Alpha Exploited

Sara Zhang

Summary: Cream.Finance tweeted last night that they were aware of a potential exploit and are looking into this. 2 hours later, Cream.Finance made an announcement on Twitter that: "C.R.E.A.M. contracts and markets were investigated and found to be functioning as normal. Markets have been re-enabled across both V1 and V2. " One hour after that,  Alpha ...

Cream.Finance tweeted last night that they were aware of a potential exploit and are looking into this. 2 hours later, Cream.Finance made an announcement on Twitter that: "C.R.E.A.M. contracts and markets were investigated and found to be functioning as normal. Markets have been re-enabled across both V1 and V2. " One hour after that,  Alpha Finance Lab ALPHA  tweeted that Alpha had been notified of an exploit on Alpha Homora V2 and they were working with Andre Cronje and  Cream.Finance together on that. The loophole has been patched. They were in the process of investigating the stolen fund, and had a prime suspect already.

by Sara Zhang

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Link: DeFi Protocols Cream Finance, Alpha Exploited   [Copy]
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