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OnchainLens: InsurancePool suffered a net loss of approximately $179,500 during the attack

Nov 4, 10:38

On November 4, according to OnchainLens monitoring, an attack on BNB Chain involving InsurancePool and CoreVault resulted in a net loss of approximately $179,500 worth of BNB from the InsurancePool. The attacker profited by approximately 160.26 BNB, valued at around $111,000, before gas fees were deducted.

Monitoring shows that the attacker allegedly manipulated liquidity pool prices using flash loans, triggering the InsurancePool to pay out 260.21 BNB (worth approximately $180,300) via CoreVault, followed by reverse trades and repayment of the flash loans.

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