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 ...

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; ...

An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain. According to The Block, the transactions involved a flash loan of $200 million ...

Quantstamp, a provider of blockchain security solutions, this week unveiled Economic Exploit Analysis. Economic Exploit Analysis identifies flash loan attack vectors in smart contracts through ...

A hacker who robbed the decentralized stablecoin platform Beanstalk in April had a powerful tool: a $1 billion loan taken out with no collateral, no proof of income and no identity verification. The ...

The decentralized, credit-based finance system Beanstalk disclosed on Sunday that it suffered a security breach that resulted in financial losses of $182 million, the attacker stealing $80 million in ...

Simple steps can make the difference between losing your online accounts or maintaining what is now a precious commodity: Your privacy. Read now It might seem more like a corporate heist than a ...

Aave (AAVE), an open-source and non-custodial protocol to earn interest on deposits and borrow assets, handled $2 billion in flash loans in 2020. Aave is basically a borrowing and lending platform ...

Jimbos Protocol, an Arbitrum-based DeFi project, has suffered a flash loan attack that resulted in the loss of more than of 4000 ETH tokens, currently valued at over $7,500,000. Lending protocol Euler ...