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Hundred Finance and Agave hit by flash loan attack, losing over $11 million

March 16, 2022
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On March 16, Hundred Finance, the Compound fork project on the Gnosis Chain, tweeted that it had suffered a hacker attack. The Gnosis team is investigating, and all Hundred markets on the chain are currently suspended.

In addition, the Aave fork project Agave on Gnosis Chain also suffered a flash loan attack. Hackers used reentrancy vulnerabilities in the two protocols to steal more than $11 million and have begun to launder money through Tornado Cash.

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