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; ...

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 ...

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 ...

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 ...

The latest DeFi incursion involves flash loans ... again. DeFi lending protocol Warp Finance has reportedly suffered a flash loan attack resulting in the loss of as much as $8 million in digital ...

Credit-based stablecoin provider Beanstalk Farms has been hacked, with about $182 million in cryptocurrency stolen. Those behind the attack used a “flash loan” attack to access the Beanstalk network.

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 ...