Digital Asset
Intelligence
Security Incident · Arbitrum Ecosystem

Lodestar Finance Price Manipulation: $7.00M Reported Loss

·Historical incident record

Incident Overview

Arbitrum-based cryptocurrency lending platform Lodestar Finance was hacked and nearly $7 million in assets siphoned off, the attackers were able to manipulate the price of the plvGLP token, allowing them to use the inflated token to "borrow" the entirety of the Lodestar platform Liquidity available.

Sources & References

Original incident referencehttps://twitter.com/LodestarFinance/status/1601686921566375936 (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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