Novvr

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Novvr is a blockchain company that specializes in smart contract development and audit services.

What went wrong with Inverse Finance? 20/06/2022

The incident occurred on June 16th when the platform lost $5.83m worth of DOLA – which is the protocol’s native currency. The hackers were able to steal as much as $1.26m through a flash loan attack, by manipulating the price of oracle.

Check out this article to know what went wrong with Inverse Finance.

What went wrong with Inverse Finance? The open-source Ethereum-based DeFi protocol Inverse Finance, has been subject to yet another exploit; this time, losing close to $5 million.

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