How Flash Loans Work Flash loans use smart contracts, which are self-executing protocols with the terms of the agreement directly written into code on the blockchain. These loans are unique because ...
DeFi app Polter became the victim of a “classic” flash loan exploit, and a man was sentenced to 24 years for crashing a bank with a crypto scam. Fantom-based decentralized finance (DeFi) protocol ...
An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain. According to The Block, the transactions involved a flash loan of $200 million ...
Decentralized exchange Bunni has announced it is permanently shutting down following an $8.4 million hack last month, with founders saying they lack the capital needed for a secure relaunch that would ...
Blockchain security platform Quantstamp is hoping to quell the increasing threats of flash loan attacks with a new service that claims to catch exploits before they go off, the company told CoinDesk.
An MEV bot took out a $11.9 million loan to sandwich attack a user but barely made enough to cover lunch. An “unlucky” maximum extractable value (MEV) bot took out a staggering $12 million flash loan ...
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