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 ...
Flash loans use Ethereum smart contracts to enable anonymous lending with no collateral or liability. Flash loans can make arbitrage trading strategies equally accessible to everyone, regardless of ...
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 ...
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 ...