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2020-02-22 23:40:59

Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems

Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit funds from the Bzx platform twice, as […]The post Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems appeared first on Bitcoin News.