9 Articles 1 Followers
18 Mar 2025 1 minute read 7 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ
In this series of articles, we will see some of the most widespread attacks in DeFi. In this case, we are not talking about hacking smart contracts but about exploiting price variations. Let's start with Flash Loan Attacks. Flash Loan Attacks involve...
29 Jun 2022 8 minute read 4 comments cryptogod-1
Hello everyone, I hope you all are having a great day, welcome to CryptoGod-1's blog on all things Crypto. In this post I will be looking at a very interesting topic in Flash Loans. Many people have probably come across this terminology before, and m...
5 Mar 2022 4 minute read 0 comments Notum DeFi App
When you want to take a traditional loan, you need to provide lots of information such as proof of reserves, income, etc. What about flash loans? Actually, they wouldn’t be that flash if they asked for so many personal details. How did that become p...
18 Dec 2020 1 minute read 95 comments Abhimanyu Krishnan
Lending protocol Wrap Finance has become the latest victim of a flash loan attack, losing approximately $7.7 million on Dec. 18. The attacker siphoned $7.7 million worth of stablecoins, with the team saying there is a plan to recover $5.5 million, w...
25 Nov 2020 1 minute read 5 comments Abhimanyu Krishnan
Chainlink (LINK) co-founder Sergey Nazarov believes that the DeFi market will experience more flash loan attacks going forward. Nazarov made the statement during a Decrypt Daily podcast on Nov. 24. Nazarov said that the main pain point with respect...
17 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan
The Origin Dollar (OUSD) project has lost $7 million in a flash loan attack, the team announced in a blog post published on Nov 17. The attacker exploited a reentrancy bug in the protocol’s smart contracts, which took place in the middle of a mint;...
16 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan
DeFi protocol Value announced on Nov. 14 that it had experienced a flash loan attack that resulted in the loss of $6 million. The attacker specifically targeted Value Protocols’ MultiStables Vault, which led to $6 million in user deposits being stol...
13 Nov 2020 1 minute read 2 comments Abhimanyu Krishnan
DeFi Savings protocol Akropolis revealed on Nov. 12 that it had been subject to a flash loan attack, losing over $2 million as a result. The Akropolis team noticed at 14:36 GMT on Nov. 12 that $2 million in DAI had been siphoned out of a Curve and s...
3 Nov 2020 4 minute read 10 comments Chenhuang_defi
Welcome to DeFi, a place where you can easily take out a $50 million loan with ZERO collateral. How? You can take out an uncollateralized loan of any size as long as you can repay it in the same transaction. Confused? Let's dig deeper. SourceOn 26 O...
