Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,071 trillion. Bitcoin is up by over 3% after a successful week. Ethereum decreased by almost 2% over the past seven days. XRP gained nearly 2% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Flash Loan Attack
What is a Flash Loan Attacks?
Flash loans are made available very short-term, usually only for a few seconds or minutes. They are called "flash loans" because they are made and repaid quickly, like a flash of light. They are made possible by smart contracts on blockchains that execute transactions automatically. Flash loans have become a popular tool for attackers in so-called "flash loan attacks" on decentralized finance (DeFi) protocols. In these attacks, the attacker borrows a large amount of cryptocurrency using a flash loan, manipulates…
Block Education
@BlockEducation
4 weeks ago 86 views