Flash loan attacks drained $1.211 billion from decentralized finance platforms between February 2020 and July 2024, according to newly published research in the Journal of Financial Crime. The study, ...

Attacks exploiting errors in a DeFi protocol’s code caused 55% of flash loan losses from February 2022 to July 2024, according to a paper published in the Journal of Financial Crime. Their share was ...

A flash-loan oracle attack inflated CoreVault redemptions 33x on BNB Smart Chain, draining 160.26 BNB from its InsurancePool.

Flash loan attacks have shifted from manipulating price feeds to exploiting flaws in DeFi protocol logic, and the newer approach now does most of the damage, a peer-reviewed study published in the ...

DeFi app Polter became the victim of a “classic” flash loan exploit, and a man was sentenced to 24 years for crashing a bank with a crypto scam. Crypto-Sec is Cointelegraph’s bi-weekly round-up of ...

On Monday, July 6, the DeFi protocol Summer Finance was hit by a sophisticated flash loan and price manipulation attack, resulting in an estimated loss of $6 million.