{"id":552852,"date":"2023-02-17T01:02:00","date_gmt":"2023-02-16T22:02:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/platypus-defi-faces-flash-loan-attack-according-to-certik\/"},"modified":"2023-02-17T01:02:00","modified_gmt":"2023-02-16T22:02:00","slug":"platypus-defi-faces-flash-loan-attack-according-to-certik","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/platypus-defi-faces-flash-loan-attack-according-to-certik\/","title":{"rendered":"# Platypus DeFi faces flash loan attack, according to CertiK"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2f90de908c5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2f90de908c5\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/platypus-defi-faces-flash-loan-attack-according-to-certik\/#%E2%80%9D_Platypus_DeFi_faces_flash_loan_attack_according_to_CertiK_%E2%80%9C\" >&#8221; Platypus DeFi faces flash loan attack, according to CertiK &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Platypus_DeFi_faces_flash_loan_attack_according_to_CertiK_%E2%80%9C\"><\/span>&#8221; Platypus DeFi faces flash loan attack, according to CertiK &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvNWJkY2UzYzctNGQzYy00YjBkLWFkNWYtYjE1OTUxODJhMWYyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-48054ca8>Blockchain security firm CertiK reported on Feb. 16 that it has spotted a flash loan attack on Avalanche-based stableswap platform Platypus DeFi. The blockchain security firm posted the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> in a tweet, alongside the attacker contract address.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/CertiKSkynetAlert?src=hash&amp;ref_src=twsrc%5Etfw\">#CertiKSkynetAlert<\/a> <\/p>\n<p>We are seeing a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/flashloan?src=hash&amp;ref_src=twsrc%5Etfw\">#flashloan<\/a> attack on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Platypusdefi?ref_src=twsrc%5Etfw\">@Platypusdefi<\/a> resulting in a potential loss of ~$8.5M.<\/p>\n<p>Tx AVAX: 0x1266a937c2ccd970e5d7929021eed3ec593a95c68a99b4920c2efa226679b430<\/p>\n<p>Stay Frosty! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/AM2HOM5M2r\">pic.twitter.com\/AM2HOM5M2r<\/a><\/p>\n<p>\u2014 CertiK Alert (@CertiKAlert) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CertiKAlert\/status\/1626318821840629763?ref_src=twsrc%5Etfw\">February 16, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>According to the source, nearly $8.5 million has been already been moved. As a result, the Platypus USD stablecoin became depegged and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/platypus-usd\">dropped<\/a> 52.2% to $0.478 at \u00a0time of writing. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Platypusdefi?ref_src=twsrc%5Etfw\">@Platypusdefi<\/a> new stablecoin has been exploited for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately 8m it appears <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/hNLkiG4l8D\">pic.twitter.com\/hNLkiG4l8D<\/a><\/p>\n<p>\u2014 Spreek (@spreekaway) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/spreekaway\/status\/1626319585040338953?ref_src=twsrc%5Etfw\">February 16, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>A flash attack is the same method used by Avi Eisenberg when he allegedly manipulated the price of Mango Markets\u2019 MNGO coin in October. Eisenberg said shortly after the exploit that he believed \u201call of our actions were legal open market actions, using the protocol as designed.\u201d<\/p>\n<p>Platypus has not yet made a public statement on the incident.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/platypus-defi-faces-flash-loan-attack-according-to-certik\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Platypus DeFi faces flash loan attack, according to CertiK &#8220; Blockchain security firm CertiK reported on Feb. 16 that it has spotted a flash loan attack on Avalanche-based stableswap platform Platypus DeFi. The blockchain security firm posted the news in a tweet, alongside the attacker contract address. #CertiKSkynetAlert We are seeing a #flashloan attack&#8230;<\/p>\n","protected":false},"author":1,"featured_media":552853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/5bdce3c7-4d3c-4b0d-ad5f-b1595182a1f2.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,70375],"class_list":["post-552852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-cybersecurity"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/552852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=552852"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/552852\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/552853"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=552852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=552852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=552852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}