Hello Defiers! Hope you’re having a great weekend. Summing up: In the past several days DeFi has been hit with one flash-loan driven attack after another. We dove into the main ones that happened just in the past week, draining about $16M from DeFi protocols, and also explained the mechanism and main questions they bring up in a video. The crypto rally continued gaining steam with Bitcoin’s market cap touching an all-time high, while ETH crossed $500 for the first time since 2018; but the bull market has been relatively quiet so far.
Recap: DeFi Week of Nov. 16 🦄
Recap: DeFi Week of Nov. 16 🦄
Recap: DeFi Week of Nov. 16 🦄
Hello Defiers! Hope you’re having a great weekend. Summing up: In the past several days DeFi has been hit with one flash-loan driven attack after another. We dove into the main ones that happened just in the past week, draining about $16M from DeFi protocols, and also explained the mechanism and main questions they bring up in a video. The crypto rally continued gaining steam with Bitcoin’s market cap touching an all-time high, while ETH crossed $500 for the first time since 2018; but the bull market has been relatively quiet so far.