Cross-chain lending protocol Minterest: A vulnerability has occurred in the protocol and the supply and borrowing functions will be suspended
On July 15, the cross-chain lending protocol Minterest said on its social platform that it is currently investigating a vulnerability on Minterest. As a precautionary measure, the team has suspended the supply and borrowing functions on the Minterest application. At present, the attacker cannot take further action. The team is working hard to resolve this issue and will resume full operations soon.
According to crypto KOL @shoucccc, the attacker used a flash loan attack, causing the protocol to lose $1.4 million.
