🚨 Blockaid detected an ongoing exploit on Tranche Vault related to @valinordigital on Avalanche. An attacker used a flash loan to mint inflated tranche shares, then redeemed the vault's remaining USDC. ~$1.01M drained from the vault so far across ~2 txs. 🧵
Blockaid detected an ongoing exploit on Tranche Vault related to Valinor Digital on Avalanche. An attacker used a flash loan to mint inflated tranche shares and redeem USDC, draining approximately $1.01M across two transactions.
Source: Blockaid (opens in a new tab)