Digital Asset
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Security Incident · ETH Ecosystem

Cheese Bank Flash Loan Attack: $3.30M Reported Loss

·Historical incident record

Incident Overview

Cheese Bank, a decentralized autonomous digital banking platform based on Ethereum, suffered a loss of USD 3.3 million due to a hacker attack. Hackers conducted a series of malicious lending operations on platforms such as dYdX and Uniswap by using automatic market maker (AMM)-based oracles, resulting in a total loss of over US$3.3 million, including US$2 million in USDC.

Sources & References

Original incident referencehttps://cointelegraph.com/news/cheese-bank-s-multi-million-dollar-hack-explained-by-security-firm (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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