Hack history / 2020 / Hack or exploit
CheeseBank
Hack or exploit on Nov 6, 2020 · Spot Price Manipulation
SOURCES DISAGREE ON DATE OR LOSS · 2 SOURCES
Lost
$3.3M
dollars at the time
Returned
none listed
as the sources state it
Rank
#565
among thefts by dollars lost
What happened
On November 6, 2020, CheeseBank was exploited for $3.3M via price oracle manipulation. The attacker borrowed 21,000 ETH via dYdX flashloan, purchased Cheese tokens on Uniswap to pump the price, deposited LP tokens, and borrowed all available stablecoins (USDC/USDT/DAI) against the inflated collateral.
Details
- Date
- Nov 6, 2020
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Ethereum
Reported by
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Cite this page
SwanBluechip, "CheeseBank hack, Nov 6, 2020: $3.3M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htb44e2bf19a/ (data as of 2026-11-01).