How did flash loans originate? Unlike normal loans, flash loans do not require a borrower to provide typical requirements such as proof of income, reserves, or ...

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 ...

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 ...

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 ...

In many ways the development of decentralized finance (DeFi) has been closely tied to things that traditional finance has done in the past, with the primary marginal benefit of reducing censorship; ...

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 ...

The attack marks the third time Platypus has been exploited in 2023, with one incident taking $8.5 million in February and another taking $157,000 in July. Decentralized finance (DeFi) protocol ...