The hacker used a flash loan to inflate prices on Makina’s USD-USDC liquidity pool, and then traded to make over $4 million.

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 ...

Fantom-based decentralized finance (DeFi) protocol Polter Finance was drained of over $7 million through a “classic” flash loan attack on Nov. 18, according to blockchain analyst Nick Franklin. The ...

Euler Labs has released Euler v2, a development kit for deploying ERC-4626 vaults with customizable lending risk management features. Euler Finance released a modular credit layer nearly 18 months ...

Technical weaknesses in smart contracts, such as reentrancy and flash loan exploits, have led to substantial financial losses in the crypto space. Targeted security solutions, like SphereX and GoPlus, ...

QuickSwap, a decentralized-finance (DeFi) platform that's based on the Polygon blockchain, closed its lending services for users following a flash-loan exploit for over $220,000 worth of tokens on ...

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 ...

Imagine you could borrow a million dollars instantly and with no collateral. The whole thing would happen anonymously, and you wouldn't need to assume liability for the loan. Sounds crazy? That, in a ...