SlowMist·6 days agoSlowMist: A Brief Analysis on the Cellframe HackOn June 1, 2023 Cellframe experienced a flash loan attack, resulting in a 41.2% decline in the price of Cellframe ERC20 v2. We promptly carried out an investigation and uncovered the following information: Relevant Information: Attacker’s address: 0x2525c811EcF22Fc5fcdE03c67112D34E97DA6079 Attacker’s contract address: 0x1e2a251b29e84e1d6d762c78a9db5113f5ce7c48 Attack transaction: 0x943c2a5f89bc0c17f3fe1520ec6215ed8c6b897ce7f22f1b207fea3f79ae09a6Flash Loan4 min readFlash Loan4 min read
Jeffery Oke-SamuelinBlock Magnates·May 16DeFi Projects Revolutionizing the Blockchain SpaceThe decentralized finance (DeFi) sector has taken the blockchain industry by storm, offering innovative solutions that reshape traditional financial systems. DeFi projects enable peer-to-peer transactions, automated smart contracts, and decentralized applications (dApps) without intermediaries, providing users with financial autonomy and new avenues for investment. …Flash Loan3 min readFlash Loan3 min read
Berk OrbayinDataBulls·May 15Flash Loans — An IntroImagine you can get a loan from a lender at sunrise, but you should bring it by sunset. Flash loans have a similar butterfilical lifespan. For them sunset is the end of the block transaction. I’m not a blockchain or cryptocurrency fan (or an expert per se), but I’m a…Flash Loan4 min readFlash Loan4 min read
Eisen Labs·May 14How EISEN reduces traders’ slippageDistribute Arbitrage Opportunities to Empower Active DeFi Participants Understanding Participant Roles: In our service, we prioritize active participants within the DeFi space, namely traders and liquidity providers (LPs). These individuals willingly participate in asset swaps and liquidity provisions. On the other hand, arbitrageurs are considered passive participants as they enter transactions only after active participants have initiated them…Flash Loan3 min readFlash Loan3 min read
S16 Research Ventures·May 5Learning with S16: What is Maximal Extractable Value (MEV)?Maximal Extractable Value (MEV) exists because of the unique properties of blockchain technology. Blockchain is a decentralized and trustless system that allows participants to submit transactions and have them validated in a decentralized manner. …Flash Loan7 min readFlash Loan7 min read
Equalizer Finance·Apr 28Equalizer Finance Launches Flash Loan Demo for UsersWe are excited to announce the launch of the new feature of the platform — the free flash loan demo. Starting on April 28, users will be able to try out flash loans and see how they work in real-time, directly from their wallets. What are flash loans? Flash loans…Flash Loan3 min readFlash Loan3 min read
HarborinCoinmonks·Apr 27Analysis of the Flash Loan Attack, a hack on the Ocean Life tokenIt was discovered that the BSC Ocean Life token had been compromised on April 19th, 2023. The attacker lowered the total token supply and manipulated the price using an inefficient mechanism, earning 32 WBNB. Smart Contract Hack Overview: Attackers transaction:0xa21692 Attacker address:0xfb8e Stolen funds address: 0x662D OcenaLife Contract code: 0xb5a0c …Flash Loan3 min readFlash Loan3 min read
HarborinCoinmonks·Apr 15Attackers Used “DeFi Protocol Yearn Finance” to Steal $11 Million in a Flash Loan AttackDeFi, which stands for “decentralized finance,” proposes doing away with centralized financial institutions like banks by facilitating peer-to-peer lending. However, for the time being, it serves primarily as a rough-and-tumble trade arena. DeFi financing is entirely collateral-based due to the lack of personal relationships between the parties involved. Bitcoin (BTC)…Flash Loan4 min readFlash Loan4 min read
Numen Cyber Labs·Apr 13DeFi Protocol Yearn Finance Exploited for $11 Million in Flash Loan AttackOn 13 April 2023 at 05:52:35 AM +UTC, iearn Finance, a deprecated version of DeFi protocol Yearn Finance, experienced a Flash Loan Attack that led to millions of dollars in losses. The losses that occurred on Aave version 1 could exceed a staggering $11M, which includes a range of stablecoins…Flash Loan4 min readFlash Loan4 min read
smcdao·Apr 11A New Way to Borrow: The Emergence of Flash Loans in Decentralized FinanceThere’s always something new and exciting happening in the world of decentralized finance (DeFi). The emergence of “flash loans,” a new, quick, convenient, and secure method of borrowing money, is one of the most recent developments. …Flash Loan4 min readFlash Loan4 min read