Digital Asset
Intelligence
Security Incident

OUSD Flash Loan Attack: $7.00M Reported Loss

·Historical incident record

Incident Overview

Matthew Liu, co-founder of Origin Protocol (OGN), a decentralized sharing economy protocol, wrote an article to disclose the details of the lightning loan attack on the US dollar stable currency Origin Dollar (OUSD). So far, the attack has caused about 7 million U.S. dollars in losses, including more than 1 million U.S. dollars deposited by Origin and its founders and employees. Currently, Origin is determining the cause of the vulnerability and whether it can recover the funds. Origin reminded, "Vault deposits are currently disabled. Please do not purchase OUSD on Uniswap or Sushiswap."

Sources & References

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.

More Security Incidents

View All →
  1. Incident date
    Target

    88mph

    Attack methodContract Vulnerability
    Reported lossNot disclosed
  2. Incident date
    Attack methodFlash loan attack
    Reported loss$ 6,000,000
  3. Incident date
    Attack methodSmart Contract Vulnerability
    Reported loss$ 10,000
  4. Incident date
    Target

    $TENDRIL

    Attack methodSmart Contract Vulnerability
    Reported loss$ 555000
  5. Incident date
    Attack methodUnknown
    Reported lossNot disclosed