Digital Asset
Intelligence
Security Incident · Avalanche Ecosystem

Blizz Finance Oracle Attack: $8.30M Reported Loss

·Historical incident record

Incident Overview

Avalanche lending protocol Blizz Finance tweeted that Chainlink suspended LUNA oracles, allowing several attackers to deposit millions of LUNA and borrow all collateral at $0.1 per Chainlink oracle. Due to the timelock mechanism, the protocol assets are exhausted before the team is suspended. According to DeFi Llama data, the agreement’s TVL was $8.28 million yesterday, and it is now 0.

Sources & References

Original incident referencehttps://medium.com/@blizzfinance/blizz-finance-post-mortem-2425a33fe28b (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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