shield Price Manipulation · $76K loss

– Nmbplatform Hack: How $76K Was Lost in a Price Manipulation (2022)

On December 2022, – Nmbplatform was exploited in a price manipulation, resulting in approximately $76K in losses. That makes the – Nmbplatform exploit the 240th largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the – Nmbplatform Price Manipulation Played Out

Exploit Class Applied to – Nmbplatform

The – Nmbplatform incident on December 14, 2022 is classified as a Price Manipulation. The attacker drives the on-chain price of a token up or down within a single transaction to extract value from the protocol. In the full archive, – Nmbplatform is 1 of 85 documented price manipulation incidents.

– Nmbplatform in Context

At $76K, the – Nmbplatform exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.

Prior Price Manipulation Before – Nmbplatform

The nearest price manipulation incident before – Nmbplatform was – BGLD (Deflationary token), 2 days earlier on December 12, 2022 ($18K lost). The same exploit class surfaced again within the price manipulation attack surface.

– Nmbplatform Vulnerability Signature

The primary source categorises the – Nmbplatform exploit specifically as “FlashLoan price manipulation”. This narrower label is entity-specific: it reflects how the – Nmbplatform contract failed, rather than the broad price manipulation pattern alone.

Impact & Recovery for – Nmbplatform

– Nmbplatform Loss Figure

The – Nmbplatform exploit caused $76,000 in losses — a minor (<$1M) incident and the 29th largest of 129 documented in 2022.

Where – Nmbplatform Sits Among Price Manipulation Attacks

Ranked by loss size, – Nmbplatform is the 33rd largest of 85 price manipulation incidents documented. That puts the – Nmbplatform loss below the class average of $3.9M.

Timeline Since the – Nmbplatform Incident

The – Nmbplatform exploit occurred 3.3 years ago (1,217 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for – Nmbplatform

Public post-mortem / on-chain analysis for the – Nmbplatform incident: view source.

FAQ

How much did – Nmbplatform lose?

The – Nmbplatform exploit in December 2022 resulted in $76,000 in losses — the 29th largest of 129 DeFi incidents that year.

When did the – Nmbplatform hack happen?

The – Nmbplatform exploit was recorded on December 14, 2022 — 1,217 days ago.

What type of exploit hit – Nmbplatform?

The – Nmbplatform incident is classified as a Price Manipulation. The attacker drives the on-chain price of a token up or down within a single transaction to extract value from the protocol.

How common is the Price Manipulation pattern seen at – Nmbplatform?

Our archive contains 85 documented price manipulation incidents. The – Nmbplatform incident is one of them.

How does – Nmbplatform compare to the largest Price Manipulation attack?

The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The – Nmbplatform loss is $76K.

What main problem do cross-chain transaction technologies aim to solve?

They aim to improve the scalability of cryptocurrencies and facilitate the development of Metaverse applications.

How do cryptocurrencies challenge traditional financial and tax systems?

Their pseudonymity and lack of third-party reporting create significant challenges for compliance and enforcement.