Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think

Exploits and Flash Loans Are Just the Beginning, Defi Economy Less Private Than People ThinkDecentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep track of them all. Moreover, while many […]

The post Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think appeared first on Bitcoin News.

Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan

Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash LoanThe Makerdao and the stablecoin DAI has been a popular project in the decentralized finance (defi) space and it’s also had its share of problems. This week the project called Bprotocol leveraged a defi flash loan in order to sway a Makerdao governance vote. The development team behind the Maker project aims to make it […]

The post Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan appeared first on Bitcoin News.