Over $300M+ (Possibly the largest DeFi hack yet) funds hacked on ValueDefi through a flashloan exploit

Happened around 2.5hrs ago. All non 50-50 LP farms have been drained. Here is the exploit tx

Funds have been moved over to Ethereum Mainnet. This hack will affect several other projects which used ValueDefi's FaaS (Farm as a service).

I;ll keep this post updated on the exact figure that was stolen.

Edit: The amount stolen in the exploit itself is approx $70-120m. The Collateral damage due to lots of token prices tanking might put the damage higher. Btw this is the 3rd hack this month on ValueDefi. They also messed up the code with Iron Finance and Bdollar couple of months (Losses to both were in the millions) back almost killing those projects. This is the most incompetent project I have come across.