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Tranche Vault on Avalanche attacked, about $1.01m stolen

NewsFeeds update

An ongoing attack on the Tranche Vault on Avalanche, involving Fence Finance and Valinor Digital, used flash loans to mint inflated tranche shares and then redeem the vault's remaining USDC. About two transactions have so far taken roughly $1.01m from the vault.

AltcoinsOdailyAIBearish

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The story so far: Tranche Vault Avalanche exploit

An attack on the Tranche Vault on Avalanche, involving Fence Finance and Valinor Digital, used flash loans to mint inflated tranche shares and redeem the vault's USDC, taking about $1.01m. GCSA later reported the TranchePool vault lost about 1.01m USDC in 202 seconds.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Tranche Vault on Avalanche attacked, about $1.01m stolen

  2. GCSA reports KuCoin phishing, Bitkub supply-chain risk and Avalanche contract flaw

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.