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Structural failure
Flashloan
Crypto records sharing the "Flashloan" structural failure pattern.
Records exhibiting this pattern
Summer Finance exploit linked to flash-loan redemption
A single contemporaneous report said Summer Finance’s Lazy Summer Protocol was exploited for about $6 million, with analysts attributing the loss to a $65.4 million flash loan and a $70.9 million redemption sequence.
$6.0M affectedEuler Finance Hack — March 2023
A flash-loan exploit of a missing solvency check drained $197M from the Ethereum money market — and was returned in full within three weeks after the protocol's public negotiations with the attacker.
$197.0M affected