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Why Solana [SOL] hiked at the back of Nirvana flash loan exploit

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Solana [SOL] algorithmic stablecoin, Nirvana was recently the subject of a $3.5 million exploitation. On Thursday (28 July), it announced via its official Twitter page that it had lost some of its reserves to a flashloan attack.<p lang=«en» dir=«ltr» xml:lang=«en»>What we know so far:Nirvana has been maliciously hacked and the reserves have been stolen.A flashloan attack was used to steal money.

This is not the fault of Solend, but an exploit of Nirvana's program.https://t.co/NkmtHAbAAa— Nirvana Finance (@nirvana_fi) July 28, 2022The attack led to a massive dump of the Nirvana native token ANA.

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