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Aave (AAVE) price has been on an absolute tear for weeks and today the DeFi-token rallied to a new all-time high at $288.90. The decentralized finance protocol is one of the most popular in the market and the recent rally in the DeFi sector is one of the driving forces behind
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DeFi lending protocol Warp Finance has reportedly suffered a flash loan attack resulting in the loss of as much as $8 million in digital assets.Reports are coming in that an attacker has made off with between $1 million, to as much as $8 million according to DeFi Prime. The losses
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Nine months ago, in a Denver convention center, a booth sat empty.Littered with token stickers, the table was supposed to hold the physical representatives of decentralized finance (DeFi) protocol bZx. It remained empty, however, as the team struggled to make sense of the digital forces twisting their young project. bZx, as
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The dream of every borrower is to get loans without collateral and Flash loans in DeFi allow you
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Blockchain project Origin Dollar (OUSD) said it sustained an attack that caused a loss of funds worth $7 million, including over $1 million deposited by Origin and its founders and employees, and has disabled deposits as a result. The project’s native token is down 36% on the day, according to
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The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million. Source
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Since the beginning of the year, the decentralized finance (DeFi) ecosystem has rapidly grown to more than $12 billion in total value locked. With this exponential growth, incentives have increased for malicious actors to manipulate and attack vulnerable DeFi protocols, often at the expense of regular users. One of the more
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The MakerDAO community is voting on a proposal to harden the protocol's governance structure against flash loan voting. Source
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Flash loans can be used for more than just siphoning funds out of poorly put-together decentralized finance (DeFi) protocols.That’s one lesson investors can learn from Israel-based startup BProtocol’s manipulation of flash loans to sway election results on DeFi legacy project MakerDAO earlier this week.According to the MakerDAO community forum, on
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Bitcoin moved substantially higher on Thursday after consolidating in a tight range for many days. The cryptocurrency rallied
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