A multi-chain DeFi protocol called Deus Finance DAO suffered a flash loan exploit on Thursday, with the hacker making off with about $13.4 million.
While flash loans are meant for arbitrage trading and improving capital efficiency, hackers have abused them to manipulate DeFi price data feeds — known as oracles — and carry out exploits. In today's incident, the flash-loan assisted manipulation caused DEI's price to increase a lot, PeckShield
F
Gets Listed on KuCoin! Bitgert BRISE BRC20 Have you heard about bitgertbrise it is the new blockchain with the cheapest & fastest transaction speed your crypto project & investors need. .➡➡ Bridge your crypto project to Brise BRC20 & enjoy extremely low gas fee & speed💨
LOL
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: TheBlock__ - 🏆 464. / 53 Read more »