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Gearbox Protocol: Contract and credit account security, no losses occurred

Sep 19, 2024 05:24:23

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ChainCatcher news, regarding the flash loan attack on Gearbox Protocol, Gearbox Protocol issued a statement indicating that the hacker attack was only related to the Balancer pool, and that the Gearbox contracts and credit accounts are safe, with no losses incurred.

ChainCatcher previously reported that, according to Beosin Alert monitoring, Gearbox Protocol suffered a flash loan attack on the Ethereum network, resulting in a loss of approximately $400,000.

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