Express

DeFi Protocol Warp Finance Uses Chainlink's Price Feeds To Prevent Flash Loan Attacks

Mary Liu

Summary: Warp Finance, a DeFi lending protocol announced its integration with Chainlink's decentralized price feeds. The protocol suffered a flash loan attack in December last year, with $8 million funds stolen and 73% of funds recovered. The announcement reads: "Our research and due diligence concluded that Chainlink was the most secure, reliable, and proven oracle solution, ...

Warp Finance, a DeFi lending protocol announced its integration with Chainlink's decentralized price feeds. The protocol suffered a flash loan attack in December last year, with $8 million funds stolen and 73% of funds recovered. The announcement reads: "Our research and due diligence concluded that Chainlink was the most secure, reliable, and proven oracle solution, and will protect the Warp Finance ecosystem from similar flash loan-funded price oracle attacks moving forward."

By Mary Liu

Last Update:

Tags: ,,,
Link: DeFi Protocol Warp Finance Uses Chainlink's Price Feeds To Prevent Flash Loan Attacks   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.