Ethereum-based DeFi protocol Saddle Finance lost about $10 million in a flash loan attack on Saturday, data from blockchain security firm Peck Shield showed. Decentralized Finance (DeFi) popularity and flash loans attack on it are directly proportional to each other. As DeFi platforms have gained traction in the past few years, the hacks around it

The post Etherum-Based Saddle Finance Loses $10 Mln In Flash Loan Attack appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Bitcoin Mining Takes Up 0.6% to 2.3% of US Electricity Consumption – Report

After tracking electricity consumption from the United States Bitcoin mining activities, it was reported that the industry takes as much as...