On Monday, the Polygon-based decentralized change (dex) Quickswap misplaced $220K in a flash mortgage exploit and following the assault, the staff detailed the Quickswap Lend platform shall be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been fairly the yr for decentralized finance (defi) hacks as billions have been stolen as […]
A single user made $820K of ApeCoin during an airdrop via flashloan as we are reading further in today’s latest altcoin news. With the anticipation surging around BAYC’s launch of new tokens, a single user recieved more than 60,000 APE Tokens and netted almost $1 million, after paying of the flash loan and the fees […]
Today, the team of DeFi platform FlashLoans, announced the launch of its new app that enables users without knowledge of Solidity to execute a flash loan and profit from arbitrage opportunities. The DeFi tool aims to ensure market discrepancies and premiums paid for certain tokens on digital asset exchanges are eliminated. FlashLoans has been designed […]