Digital Asset
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Security Incident · BSC Ecosystem

Impossible Finance Flash Loan Attack: $245.00K Reported Loss

·Historical incident record

Incident Overview

Impossible Finance, the DeFi protocol on the BSC chain, was attacked by a lightning loan, and the attacker made a profit of 1,510.75 WBNB (a total of US$497,000). On June 25, the attackers refunded approximately $252,000. The core of this attack is that the K value check is not performed in the cheapSwap function, which causes the attacker to obtain additional tokens by performing multiple exchange operations in one exchange process.

Sources & References

Original incident referencehttps://decrypt.co/74105/binance-smart-chain-defi-project-impossible-finance-hacked (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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