Hack history / 2022 / Hack or exploit
Nirvana V1
Hack or exploit on Jul 28, 2022 · Spot Price Manipulation
LEGAL ACTIONSOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$3.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#549
among thefts by dollars lost
What happened
Nirvana V1 lost $3.5M on July 28, 2022 to a flashloan attack via Solend. Attacker borrowed 10M USDC, minted 10M+ ANA at artificially low prices by manipulating the oracle, swapped for USDT, and repaid the flashloan. ANA crashed 85% from $8.97 to $0.81.
Details
- Date
- Jul 28, 2022
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Solana
- Audit (rekt.news)
- Sec3 Auto Audit Software
Legal action
- 2023-12-14 · Guilty plea · US DOJ: Former Security Engineer For International Technology Company Pleads Guilty To Hacking Two Decentralized Cryptocurrency Exchanges ↗
US Department of Justice press releases that name this incident. A charge is an allegation; defendants are presumed innocent unless proven guilty.
Related incidents
Mango Markets V3 2022 · Hack or exploit · $115M
Elephant Money 2022 · Hack or exploit · $22.2M
Pando Rings 2022 · Hack or exploit · $22M
Inverse Finance Frontier 2022 · Hack or exploit · $15.6M
DEUS Finance 2022 · Hack or exploit · $13.4M
Elephant Money 2022 · Hack or exploit · $22.2M
Pando Rings 2022 · Hack or exploit · $22M
Inverse Finance Frontier 2022 · Hack or exploit · $15.6M
DEUS Finance 2022 · Hack or exploit · $13.4M
Cite this page
SwanBluechip, "Nirvana V1 hack, Jul 28, 2022: $3.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htb0429c2baf/ (data as of 2026-11-01).