Fantom-based decentralized finance (DeFi) protocol Polter Finance was drained of over $7 million through a “classic” flash loan attack on Nov. 18, according to blockchain analyst Nick Franklin. The ...
How Flash Loans Work Flash loans use smart contracts, which are self-executing protocols with the terms of the agreement directly written into code on the blockchain. These loans are unique because ...
Flash loans use Ethereum smart contracts to enable anonymous lending with no collateral or liability. Flash loans can make arbitrage trading strategies equally accessible to everyone, regardless of ...
A flash loan is a type of uncollateralized lending that is popular across a number of decentralized finance (DeFi) protocols based on the Ethereum network. These types of loans have made headlines ...