Everything You Ever Wanted to Know About the DeFi 'Flash Loan' Attack


There’s now a case study for how DeFi can go awry.

bZx, the eighth-largest decentralized finance project according to DeFi Pulse, suffered two attacks last weekend following the introduction of “flash loans,” a new DeFi feature that limits a trader’s risk while improving the upside.

#cryptocurrency #digitalfinance #finance
Subscribe to CoinDesk on YouTube: http://www.youtube.com/subscription_c...

Site: https://www.coindesk.com
Facebook: https://www.facebook.com/CoinDesk
Twitter: https://www.twitter.com/coindesk
Instagram: https://www.Instagram.com/coindesk
Newsletter: https://www.coindesk.com/newsletter/
Twitter (Markets): https://www.twitter.com/coindeskmarkets

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.

source https://www.youtube.com/watch?v=4CEeP7ar2X0

Post a Comment

Previous Post Next Post