Flash loan attacks stories

Jul 20, 2026

Allbridge Core Pauses Cross-Chain Protocol After $1.65M Flash Loan Attack on Solana Pools

Cross-chain bridge protocol Allbridge Core has paused operations following a flash loan exploit that drained approximately $1.65 million from its Solana stablecoin liquidity pools. The attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios before bridging funds to Ethereum.

Jul 20, 2026·7 sources

Jul 6, 2026

Summer.fi DeFi Protocol Exploited for $6 Million in Flash Loan Attack

Summer Finance (Summer.fi) suffered a $6 million exploit on July 6, with attackers draining funds from its USDC vault through a flash loan attack. The vault's advertised yield briefly spiked past 2 million percent before the breach.

Jul 6, 2026·4 sources

Top claims

▪The attacker bridged the stolen $1.65 million from Solana to Ethereum and converted the assets into ETH.
▪Allbridge eventually recovered approximately $465,000 of the stolen 2023 funds through an agreement with a white-hat hacker.
▪The attacker used the flash loan to perform rapid stablecoin swaps, distorting the USDC/USDT pool ratios and allowing them to withdraw assets at inflated values before repaying the loan.

Subtopics

Blockchain interoperability DeFi lending DeFi Stablecoins Crypto hacks DeFi security

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Flash loan attacks stories

Allbridge Core Pauses Cross-Chain Protocol After $1.65M Flash Loan Attack on Solana Pools

Summer.fi DeFi Protocol Exploited for $6 Million in Flash Loan Attack

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