DeFi protocol token NFD crashes by 99% after a flash loan attack
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols.
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This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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