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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Harbor protocol was attacked by hackers, resulting in losses of over $6 million.
[Chain News] Title: Reflective protocol HarborProtocol attacked by Hacker, losses exceed 6 million dollars.
According to data from the platform, the reflection protocol HarborProtocol suffered a Hacker attack, with total losses reaching 6 million dollars.
The attacker exploited a flash loan attack to manipulate the oracle prices, leading to the liquidation of the Harbor protocol. According to transaction records on the blockchain explorer Arbiscan, the attacker first borrowed 40 million USDC from a trading platform, then engaged in a large number of interactions with Harbor, manipulating prices and causing the liquidation to occur. Ultimately, the attacker profited about 6.07 million dollars.
Currently, the Harbor team has announced that they are investigating this matter.