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Cream Finance appears to have suffered major loss in flash loan hack -Breaking

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Cream Finance’s decentralized lending platform appears to be in serious trouble. On Wednesday, an attacker took over $100,000,000 of Cream Finance funds by launching a massive flash loan attack.

PeckShield, a blockchain analytics company PeckShield was the first RecognizedFlash loan Wednesday. The funds compromised were mostly Cream liquidity provider tokens and other Ethereum-based tokens.

Cream Finance TVL. Source: Defillama