Audit log

Every state-changing event for Ola Finance: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

1. #1publishby system:backfill

   2026-05-28 17:31:34Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 422,766,145

   sig

   3TwJ4yLg7rqn…X6pLaSRPcopyexplorer ↗

   hash

   B9r7t5fftRW3…bkLGZhBxcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (6412 B) ▸

   {"actor":"system:backfill","investigation_id":"0c24070f-1447-4431-bcbb-8cd46e37ce38","kind":"publish","page_slug":"ola-finance","published_at":"2026-05-28T17:31:34.910Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Ola Finance","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/tech/2022/04/01/ola-finance-says-attackers-stole-47m-in-re-entrancy-exploit","type":"other","url":""},{"credibility":3,"name":"https://ola-finance.medium.com/ola-and-voltage-lending-exploit-on-fuse-post-mortem-214c13d88443","type":"other","url":""},{"credibility":3,"name":"https://therecord.media/ola-finance-defi-platform-hacked-nearly-5-million-stolen","type":"other","url":""},{"credibility":3,"name":"https://medium.com/coinmonks/ola-finance-hack-a-post-mortem-analysis-7bf498f73a54","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/tech/2022/04/01/ola-finance-says-attackers-stole-47m-in-re-entrancy-exploit","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/ola-finance-loses-4-6m-in-latest-defi-exploit/","type":"other","url":""},{"credibility":3,"name":"https://therecord.media/ola-finance-defi-platform-hacked-nearly-5-million-stolen","type":"other","url":""},{"credibility":3,"name":"https://ola-finance.medium.com/ola-and-voltage-lending-exploit-on-fuse-post-mortem-214c13d88443","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://ola-finance.medium.com/ola-voltage-exploit-on-fuse-network-transparency-report-compensation-plan-and-future-steps-98d858b9e5a3","type":"other","url":""},{"credibility":3,"name":"https://ola-finance.medium.com/ola-and-voltage-lending-exploit-on-fuse-post-mortem-214c13d88443","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/tech/2022/04/01/ola-finance-says-attackers-stole-47m-in-re-entrancy-exploit","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://ola-finance.medium.com/ola-and-voltage-lending-exploit-on-fuse-post-mortem-214c13d88443","type":"other","url":""},{"credibility":3,"name":"https://www.theblock.co/post/140012/ola-finance-on-fuse-network-suffers-3-6-million-hack","type":"other","url":""},{"credibility":3,"name":"https://ola-finance.medium.com/ola-finance-upgrades-oracles-to-include-chainlink-price-feeds-on-fantom-142a27811f5c","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://olafinances.gitbook.io/ola-finance","type":"other","url":""},{"credibility":3,"name":"https://medium.com/fusenet/lending-powered-by-ola-finance-a-new-paradigm-in-defi-on-fuse-230cd407125c","type":"other","url":""},{"credibility":3,"name":"https://spiritswap.medium.com/spiritswap-leveraging-chainlink-price-feeds-through-ola-finance-to-power-fantom-lending-services-3a48cd6a07b0","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/tech/2022/04/01/ola-finance-says-attackers-stole-47m-in-re-entrancy-exploit","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://ola-finance.medium.com/ola-voltage-exploit-on-fuse-network-transparency-report-compensation-plan-and-future-steps-98d858b9e5a3","type":"other","url":""},{"credibility":3,"name":"https://therecord.media/ola-finance-defi-platform-hacked-nearly-5-million-stolen","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/ola-finance-loses-4-6m-in-latest-defi-exploit/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://therecord.media/ola-finance-defi-platform-hacked-nearly-5-million-stolen","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/tech/2022/03/31/ola-finance-exploited-for-36m-in-re-entrancy-attack","type":"other","url":""}]}],"sources_used":[],"summary":"Ola Finance is a multi-chain decentralized lending protocol offering a 'lending-as-a-service' platform that allows third parties to deploy isolated Compound-style lending pools across multiple blockchains. On March 31, 2022, the protocol's deployment on the Fuse Network was exploited via a reentrancy vulnerability in ERC677 token logic, resulting in approximately $4.67 million in stolen assets. The attacker used Tornado Cash to obscure initial funding, laundered proceeds through Ethereum and BNB Chain wallets, and was never publicly identified; a partial compensation plan was offered but fell materially short of full victim restitution.","timeline":[{"date":"2021-05-26","event":"Fuse Lending Network powered by Ola Finance goes live on Fuse Network, initially supporting FUSE, WETH, WBTC, and USDC.","source":""},{"date":"2022-03-31","event":"Ola Finance's Fuse Network deployment exploited via ERC677 reentrancy vulnerability. Approximately $4.67 million stolen across USDC, BUSD, fUSD, WETH, WBTC, and FUSE. Attacker's seed capital sourced via Tornado Cash; stolen funds bridged to Ethereum and BNB Chain.","source":""},{"date":"2022-03-31","event":"Ola Finance and Voltage Finance pause all borrowing on affected networks, set borrower interest rates to 0% APY, and disable RainMaker rewards. Teams send on-chain message to attacker offering 10% (~$467,000) bounty.","source":""},{"date":"2022-04-01","event":"CoinDesk reports revised loss figure of $4.67 million following full accounting. PeckShield confirms reentrancy vulnerability diagnosis. Voltage Finance requests Circle, Etherscan, and CEX teams blacklist attacker addresses.","source":""},{"date":"2022-04-01","event":"Ola Finance publishes initial post-mortem on Medium detailing attack mechanism and immediate mitigations. Protocol estimates 1-2 months for remediation and relaunch.","source":""},{"date":"2022-04-01","event":"Ola Finance publishes Transparency Report and compensation plan: Fuse Foundation (250K USDC + 1M FUSE over 1 year), Voltage Finance (250K USDC + 40M VOLT over 1 year), Ola Finance (400K OLA tokens + up to $200K USDC option for sign-ups by June 30, 2022).","source":""},{"date":"2022-06-30","event":"Deadline for affected users to sign up for Ola Finance's USDC compensation option at $1 per future OLA token.","source":""}]},"v":1}

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