Harvest Finance $24 million hack

[gazmo]

for anyone following the story, here is a live updates thread https://chainbulletin.com/harvest-finance-exploit-updates/

 

[jasonforrest]

holy shit, another one

 

[SpawneR]

Smart as fuck!

 

[Azaan]

@VSYNC

 

[Deleted member 1107112]

Epic

 

[jasonforrest]

She explains it well:

https://twitter.com/x/status/1320819106396987396

Been saying all along, BE CAREFUL! So many times DeFi projects are not what they seem (easy/free money).

 

[PaulRD]

There's 100k-400k bounty on the attacker. Get rich quick bhw fams

 

[Deleted member 1333509]

haha what the fuck are the admins at Harvest doing.. "Look mate, we'll give you $100K if you give that $24M in BTC back".

If they do actually know him they should doxx the shit out of him immediately, it's the only way in a trillion lifetimes they're getting that crypto back.

The awesome power of flash loans though, and the insane risks for DeFi operators right now.

 

[XenProxy]

crazyyyy

 

[Deleted member 1333509]

I'm happy anyway.. since the Harvest hack CRV has reacted

 

[gazmo]

this kills me, why did he sent 2.5m back? why that number exaclty

 

[intrepid]

This is the future and yet this stuff is still happening. Get a degree in DeFi on Coursera.

 

[GoGuerilla]

Flash loans are one of the most interesting things to come out of Defi.

It's hard to plan for how these different protocols will be interacting. I don't see this as a hack, merely a smart use of a flash loan. Unfortunately it comes at the cost of people on the HARVEST protocol.

 

[gazmo]

the ttacker started "money laundering" the BTC

 

[jasonforrest]

people on the HARVEST protocol.

you mean, degenerate gamblers.