OnchainLens: InsurancePool suffered a net loss of approximately $179,500 during the attack
TechFlow reports that on November 4, according to OnchainLens monitoring, an attack on BNB Chain involving InsurancePool and CoreVault resulted in a net loss of approximately $179,500 worth of BNB from the InsurancePool. The attacker profited by approximately 160.26 BNB, valued at around $111,000, before gas fees were deducted.Monitoring shows that the attacker allegedly manipulated liquidity pool prices using flash loans, triggering the InsurancePool to pay out 260.21 BNB (worth approximately $180,300) via CoreVault, followed by reverse trades and repayment of the flash loans.
TechFlow reports that on November 4, according to OnchainLens monitoring, an attack on BNB Chain involving InsurancePool and CoreVault resulted in a net loss of approximately $179,500 worth of BNB from the InsurancePool. The attacker profited by approximately 160.26 BNB, valued at around $111,000, before gas fees were deducted.
Monitoring shows that the attacker allegedly manipulated liquidity pool prices using flash loans, triggering the InsurancePool to pay out 260.21 BNB (worth approximately $180,300) via CoreVault, followed by reverse trades and repayment of the flash loans.
