SharkTeam Exclusive Analysis | Flash Loan Attack: Analysis of Cream's Second Hack Incident

On October 27, 2021, Beijing time, DeFi lending protocol Cream Finance suffered another flash loan attack, with losses reaching $115 million, causing a cliff-like drop in token prices. The stolen funds were mainly Cream LP tokens and other ERC-20 tokens. Of these, $92 million and $23 million were respectively stolen to two different addresses.