Flash Loan

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Illustration of Allbridge crypto exploit showing paused protocol and funds being drained from Solana pools
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Allbridge pauses protocol after 1.65 million dollar exploit

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Allbridge Core has paused its cross-chain stablecoin protocol after losing roughly 1.65 million dollars in a flash loan attack on its Solana liquidity pools. The attacker used a 1.12 million dollar flash loan from Kamino to manipulate pool ratios before withdrawing assets and bridging them to Ethereum.

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