An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain. According to The Block, the transactions involved a flash loan of $200 million ...
A crypto trading bot programmed to perform arbitrage trades made various complex moves within the Ethereum blockchain — including taking a $200 million flash loan — to secure a mere $3.24 profit. On ...
Crypto flash loans have quickly become one of the most powerful and misunderstood innovations in the decentralized finance ecosystem. In the first couple of years of growth for DeFi, flash loans went ...
Arbitrage trading, as one of the most emerging and very attractive methods in modern finance and particularly in this rapidly changing world of cryptocurrency, turned out to be one of the most ...
How Flash Loans Work Flash loans use smart contracts, which are self-executing protocols with the terms of the agreement directly written into code on the blockchain. These loans are unique because ...
How did flash loans originate? Unlike normal loans, flash loans do not require a borrower to provide typical requirements such as proof of income, reserves, or collateral. While that may sound ...