Ethereum-based DeFi platform Makina Finance has lost 1,299 ETH, worth around $4 million, after hackers successfully manipulated prices on one of its USDC liquidity pools. According to PeckShield and ...

Crypto flash loans have quickly become one of the most powerful and misunderstood innovations in the decentralized finance ecosystem. In the first couple of years of growth for DeFi, flash loans went ...

Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols. New Free DAO, a ...

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 ...

In the fast-changing DeFi ecosystem, crypto flash loans, multi-step transaction pipelines, and cross-chain automation are fast converging into a new class of financial tooling. Flash loans, once seen ...

The attack marks the third time Platypus has been exploited in 2023, with one incident taking $8.5 million in February and another taking $157,000 in July. Decentralized finance (DeFi) protocol ...