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DeFi Protocol Impossible Finance Suffers $700k Heist

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Impossible Finance Loses $500,000 in Latest DeFi Flash Loan Attack

Impossible Finance Loses $500,000 in Latest DeFi Flash Loan AttackDecentralized finance (DeFi) protocol Impossible Finance (IF) has suffered a flash loan attack, losing $700k to the hackers. The IF team has made it clear that users’ funds are secure and it would fully compensate all those affected by the attack shortly, according to a blog post on June 22, 2021. Impossible Finance (IF) Attacked 

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