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Flash Loans

Department of Justice (Shutterstock)
Policy
Regulations
U.S. Department of Justice Arrests Engineer Over $9M Crypto Theft
The DOJ alleged that Shakeeb Ahmed stole $9 million from a crypto exchange that operates on Solana, through a flash loan attack last year.
Department of Justice (Shutterstock)
By Nikhilesh De
Jul 11, 2023 at 4:39 p.m. UTC
Jul 11, 2023
RegulationsDOJDEXdecentralized exchangesFlash LoansSolana
$200m DAI flash loan (Arkham)
Markets
Flash loans
Someone Flash Loaned $200M From MakerDAO to Make $3 Profit
An arbitrage bot took advantage of MakerDAO's 'DssFlash' contract, creating a $200 million flash loan to extract $3 in profit.
$200m DAI flash loan (Arkham)
By Oliver Knight
Jun 14, 2023 at 11:21 a.m. UTC
Jun 14, 2023
Flash LoansDAIMaker DAOOn-chain Data
Paris, France (allewollenalex/Unsplash)
Finance
Defi
French Police Arrest Duo Involved in Platypus Crypto Exploit
Flash loan exploit drained protocol of over $9 million in assets and knocked Platypus USD (USP) off its peg.
Paris, France (allewollenalex/Unsplash)
By Sam Reynolds
Feb 27, 2023 at 8:18 a.m. UTC
Feb 27, 2023
DeFiflash-loan-attackFlash LoansFranceStablecoin
(Getty Images)
Markets
Exploit
USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK...
(Getty Images)
By Krisztian Sandor
Feb 16, 2023 at 9:34 p.m. UTC
Feb 16, 2023
ExploitDecentralized FinanceDeFiAvalancheFlash LoansAttacksStablecoin
Defender flash loan
Tech
Security
OpenZeppelin's 'Defender' Gives DeFi Teams a Weapon Against Flash Loan Attacks
Flash loan attacks have filched nearly $150 million from DeFi projects since 2020.
Defender flash loan
By Colin Harper
Mar 11, 2021 at 2:01 p.m. UTC
Mar 11, 2021
SecurityOpenZeppelinDeFiFlash Loans
josep-castells-5Mh8iz9vqpY-unsplash
Markets
Stablecoins
Warp Finance Suffers Possible $8M Flash Loan Attack
The scheme has become common in the fast-growing DeFi sector.
josep-castells-5Mh8iz9vqpY-unsplash
By Kevin Reynolds
Dec 18, 2020 at 2:37 a.m. UTC
Dec 18, 2020
StablecoinsDeFiFlash Loansflash-loan-attackWarp Finance
bZx stickers at EthDenver
Tech
Defi
DeFi Exploits Can’t Be Pinned on Flash Loans, Industry Leaders Say
DeFi’s novel flash loan products aren't to blame for the recent string of exploits, industry leaders say.
bZx stickers at EthDenver
By William Foxley
Nov 18, 2020 at 8:02 p.m. UTC
Nov 18, 2020
DeFiFlash LoansExploits
OUSD suffered a flash loan attack.
Markets
Oracles
Origin Protocol Loses $7M in Latest DeFi Attack
Stablecoin project Origin Dollar (OUSD) sustained a re-entrancy attack at 00:47 UTC Tuesday resulting in a loss of funds worth $7 million.
OUSD suffered a flash loan attack.
By William Foxley
Nov 17, 2020 at 2:06 a.m. UTC
Nov 17, 2020
OraclesOriginDeFiFlash LoansExploit
Dmitriy Grishechko/Shutterstock
Markets
Decentralized finance
Value DeFi Suffers $6M Flash Loan Attack
The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million.
Dmitriy Grishechko/Shutterstock
By Muyao Shen
Nov 14, 2020 at 8:59 p.m. UTC
Nov 14, 2020
Decentralized FinanceFlash LoansCoinFlash
ivoted
Tech
Governance
MakerDAO Members Voting on a Safeguard Against BProtocol Flash Loan-Type Attack
The MakerDAO community is voting on a proposal to harden the protocol's governance structure against flash loan voting.
ivoted
By Colin Harper
Oct 30, 2020 at 7:22 p.m. UTC
Oct 30, 2020
GovernanceMakerDAODeFiFlash Loans