Threat actors have stolen $130 million worth of cryptocurrency assets from the Cream Finance decentralized finance (DeFi) platform.
According to the experts, the attackers have likely exploited a vulnerability in the platform’s flash loan feature, then transferred the stolen funds to a wallet under their control before splitting them through other wallets. Cream Finance has quickly addressed the flaw.
Unfortunately, this is the third time Cream Finance has been hacked this year, in August threat actors have stole $29 million and another $37 million were stolen in February.
