Twist Finance Suffers Possible $8M Flash Loan Attack

December 18, 2020

Flash Loans min

The endeavor has all the earmarks of being a glimmer credit assault, DeFi Prime stated, refering to information from Etherscan. The plan has gotten normal in the quickly developing DeFi area.


Streak credits permit clients to acquire assets without collateralization in light of the fact that the bank expects the assets would be returned immediately.


Twist Finance, which empowers clients to store crypto tokens in return for stablecoin credits, said in a tweet it was encountering issues.


“We are researching unpredictable stablecoin credits taken out in the most recent hour, we suggest that you don’t store any longer stablecoins until we have lucidity on the inconsistencies,” the stage tweeted


Image Courtesy : Pixabay

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