WebBorrow for Spot/Margin/Futures Trading or staking to earn high APY. Repay at any time. No transaction fee. Partial Liquidation. Low rate loan staking. Simple Earn (Flexible) asset … WebMay 28, 2024 · In just 14 transactions, a flash loan attack drained $7.2 million from the wallets of BurgerSwap, a decentralized exchange based on the Binance Smart Chain. Flash loans are instantaneous crypto loans. A borrower can do whatever they like with the funds, so long as they repay the loan within the same transaction.
DeFi Flash Loans Made Easy
WebMay 24, 2024 · Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million . There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart ... WebJun 21, 2024 · Decentralized finance (DeFi) protocol Impossible Finance has lost as much as $500,000 in user funds during a flash loan attack today. The attack on Impossible Finance’s liquidity pool occurred at around 4:40 AM UTC on June 21 and resulted in a loss of 229.84 ETH (about $0.5 million at the time). Mudit Gupta, a core developer of … glia teams integration
Flash Loans - C.R.E.A.M. Finance
WebSep 9, 2024 · A flash loan must be repaid in the same transaction. That's not very intuitive at all, but that's only because we're used to a typical transaction format where funds move … WebApr 10, 2024 · This was followed by the rug pull and flash loan attack, at 8 and 6 cases respectively, the latter of which resulted in a majority of the losses in March. ... The attacker utilized a multichain bridge to facilitate the transfer of funds from the Binance Smart Chain (BNB) to the Ethereum network. Upon successfully moving the funds, the attacker ... WebMay 31, 2024 · Two more flash loan attacks on BSC worth $13M as Binance claims attacks are targeted. By Steven Msoh 31. May 2024. In the past three days, two new DeFi platforms on the Binance Smart Chain have suffered attacks by hackers, losing $6.3 million and $7.2 million respectively. BSC has claimed that these attacks are targeted and called … glib-2.48 gthread-2.0