Blockchain

Tranche Vault on Avalanche Drained of 1.01 Million USDC

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 28/10/2026, 01:12:25 UTC.

Briefings

A flash loan attack by Blockaid drained a USDC vault on Avalanche, allowing an attacker to mint inflated tranche shares and redeem the funds. A balance check confirmed no USDC remained in the identified contract, indicating the attack successfully emptied the vault.

Key points

• Blockaid executed a flash loan attack that drained a USDC vault on Avalanche.
• The attack allowed an attacker to mint inflated tranche shares and redeem the vault's USDC.

Context

The article reports on a specific blockchain security incident involving a flash loan attack on an Avalanche network contract.

Limitations

Evidence is limited to a single balance check confirming no USDC remained in the identified contract; specific attacker identity, exact transaction timestamps, or the full scope of the attack are not provided.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 28/10/2026, 01:46:03 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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