Makina Finance Suffers $4M Loss from Flash Loan Exploit

Makina Finance Suffers $4M Loss from Flash Loan Exploit

First seen 22 Jan 2026, 02:59 UTC •BinanceFinance.Yahoo •30.1

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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.

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