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
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