Vaults associated with Valinor Digital on the Avalanche chain attacked; approximately $1.01 million in USDC stolen

According to TechFlow, on October 28, Blockaid said it detected an attack on the Tranche Vault associated with Valinor Digital on Avalanche. The attacker used flash loans to mint artificially inflated tranche shares, then redeemed the remaining USDC in the vault. As of the time of posting, the attacker had transferred approximately $1.01 million from the vault through about 2 transactions.

Source: TechFlow