DeFi Project Nirvana Falls Victim to a Hacker Attack
Nirvana Finance, a Solana-based income farming protocol, has fallen victim to a flash loan attack in which hackers have stolen $3.49 million in digital assets from the project’s treasury.
According to the project developers:
“Nirvana protocol was exploited today. The team is investigating the attack and will make an announcement to the community shortly.”
According to block explorer Solana.fm, the hackers used a flash loan on the Solend platform of 10 million USDC to manipulate the protocol’s price oracle. The funds allowed them to issue a large number of utility tokens of the ANA project, whose value exceeded $10 million as a result of these actions.
According to DeFi Llama, more than $3.5 million in ANA was locked in the project’s smart contracts before the attack (excluding staking).
