InsurancePool: Flash Loan Exploit Drains $111K on BNB Chain
Blockchain News
OnchainLens reports an attacker drained roughly $111K from InsurancePool and CoreVault on BNB Chain by borrowing $143.6M WBNB via Lista DAO to manipulate prices and trigger an inflated redemption. An attacker exploited InsurancePool and CoreVault on BNB Chain for approximately $111K using flash loan price manipulation, borrowing $143.6M in WBNB via Lista DAO's Moolah, executing large swaps to distort liquidity prices, triggering a 260.21 BNB withdrawal worth $180.3K, then reversing the trades and repaying the loan to net 160.26 BBN before gas costs, leaving the pool down $179.5K in BNB. BNB trades at $682.51 inside a bearish structure with the EMA50 at $713.41 and EMA200 at $736.64 serving as overhead resistance, the MACD death cross at -6.82 confirming trend weakness, and price pressing the lower Bollinger support at $686.47 while…
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