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© 2020 Relevant Protocols Inc.
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53225 Members
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© 2020 Relevant Protocols Inc.
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"Two audits couldn’t protect Elephant Money from the on-chain poachers. Solidity Finance and Certik both failed to notify Elephant about a price manipulation vulnerability, which was then exploited in a flash loan attack that this Elephant will want to forget. The official post-mortem stated a loss of $11.2M, yet Peckshield later pointed out that Elephant had chosen not to include the loss of ~30 billion ELEPHANT tokens, bringing the total amount lost to $22.2M."
"Two audits couldn’t protect Elephant Money from the on-chain poachers. Solidity Finance and Certik both failed to notify Elephant about a price manipulation vulnerability, which was then exploited in a flash loan attack that this Elephant will want to forget. The official post-mortem stated a loss of $11.2M, yet Peckshield later pointed out that Elephant had chosen not to include the loss of ~30 billion ELEPHANT tokens, bringing the total amount lost to $22.2M."
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