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You are here: Home / Archives for Cream Finance

Cream Finance

Cream Finance Hackers Swaps $1.75M ETH To BTC

September 13, 2022 by Lipika Deka

Hackers of the infamous Cream Finance heist reportedly exchanged roughly 1000 ETH which is worth $1.75 million for 80 RenBTC, blockchain security expert PechShield noted. RenBTC is an ERC-20 token that allows a decentralized representation of Bitcoin within Ethereum. Twitter users reacted angrily with many questioning the platform’s competencies and its inability to prevent such attacks. […]

Filed Under: DeFi, News Tagged With: Cream Finance, DeFi, flash loan

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