A flash loan is a type of uncollateralized lending that is popular across a number of decentralized finance (DeFi) protocols based on the Ethereum network. These types of loans have made headlines ...
A hacker who robbed the decentralized stablecoin platform Beanstalk in April had a powerful tool: a $1 billion loan taken out with no collateral, no proof of income and no identity verification. The ...
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.
Jimbos Protocol, an Arbitrum-based DeFi project, has suffered a flash loan attack that resulted in the loss of more than of 4000 ETH tokens, currently valued at over $7,500,000. The company disclosed ...