Flash Loans, and Attacks – Explained

Flash Loans and Attacks explained

After five attacks and millions of dollars lost due to an exploit, this week we’re diving deep into the mechanism behind what made this possible: Flash Loans. Some called it a magnificent attack, some called it art. But there are other important questions to be asked: were the flash loan attack prevention, fake token attack prevention, re-entrance attack prevention claims unwarranted? How can an audited protocol fall victim to this attack?

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