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

Polter Finance suffered a $12 million flash loan hack and is now investigating stolen funds linked to Binance wallets and offering to negotiate with the attacker. Polter Finance, a decentralized ...

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 ...

Decentralized finance protocol Bunni suffered an $8.4 million exploit on September 2, after a sophisticated attacker leveraged a flash loan to manipulate liquidity pools on both Ethereum and Unichain.

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 ...

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 ...

Ethereum-based DeFi platform Makina Finance has lost 1,299 ETH, worth around $4 million, after hackers successfully manipulated prices on one of its USDC liquidity pools. According to PeckShield and ...