Flash Loans

OpenZeppelin’s ‘Defender’ Gives DeFi Teams a Weapon Against Flash Loan Attacks

Flash loan attacks have filched nearly $150 million from DeFi projects since 2020.

Tech  ·  11 March 2021

Warp Finance Suffers Possible $8M Flash Loan Attack

The scheme has become common in the fast-growing DeFi sector.

News  ·  18 December 2020
DeFi

DeFi Exploits Can’t Be Pinned on Flash Loans, Industry Leaders Say

DeFi’s novel flash loan products aren't to blame for the recent string of exploits, industry leaders say.

Tech  ·  18 November 2020
DeFi

Origin Protocol Loses $7M in Latest DeFi Attack

Stablecoin project Origin Dollar (OUSD) sustained a re-entrancy attack at 00:47 UTC Tuesday resulting in a loss of funds worth $7 million.

News  ·  17 November 2020
CoinFlash

Value DeFi Suffers $6M Flash Loan Attack

The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million.

Markets  ·  14 November 2020
Governance

MakerDAO Members Voting on a Safeguard Against BProtocol Flash Loan-Type Attack

The MakerDAO community is voting on a proposal to harden the protocol's governance structure against flash loan voting.

Tech  ·  30 October 2020
DeFi

Harvest Finance Boosts Bounty to $1M for Information Leading to Return of Exploited Funds

Harvest Finance is offering $1 million for information leading to the return of funds from Monday's $24 million exploit.

Tech  ·  29 October 2020
Governance

‘Flash Loans’ Have Made Their Way to Manipulating Protocol Elections

BProtocol used a flash loan to speed up election results on MakerDAO. The DeFi platform is now weighing changes to its voting process.

Tech  ·  29 October 2020
DeFi

Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit

Harvest Finance has seen its total value locked drop by more than $500 million in the 12 hours since being hit by a flash loan attack.

Tech  ·  26 October 2020
News Roundup

Blockchain Bites: EY’s Auditing Slip and Bitcoin’s Long Line of Pseudonymous Developers

Balancer fell victim to a "flash loan" exploit while a shareholders association said EY should have caught Wirecard's multi-billion blackhole earlier.

News  ·  29 June 2020
DeFi

Uniswap V2 Launches With More Token-Swap Pairs, Oracle Service, Flash Loans

The headline feature of the new Uniswap will be the ability for anyone to create any token pair they want, so long as it exists on Ethereum.

Tech  ·  18 May 2020
DeFi

The DeFi ‘Flash Loan’ Attack That Changed Everything

Flash loan attacks are here to stay and are likely to get more serious. DeFi needs to adapt, says a leading crypto VC.

Tech  ·  27 February 2020
DeFi

DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks

Nexus Mutual members voted to pay out two claims following the bZx flash loan attacks – a first for the DeFi insurance pioneer.

Tech  ·  20 February 2020