The DeFi platform Ethereum Makina Finance loses $4.1M in a flash loan attack

Binance • January 20, 2026

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The blockchain security company PeckShield detected the exploit for the ... Exploits via flash loans remain common despite increased security ...

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Makina Finance Suffers $4M Loss from Flash Loan Exploit The Ethereum DeFi platform Makina Finance was exploited in a flash loan attack, resulting in a loss of approximately $4 million in ETH. The exploit involved a flash loan of $280 million in USDC, which was used to manipulate the MachineShareOracle. The incident was detected by blockchain security firm PeckShield. 2 sources 30

Extracted Entities

Attack Types (1)

Flash Loan Attack

Companies (2)

Ethereum Makina Finance