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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

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Link: DeFi Protocol Warp Finance Uses Chainlink's Price Feeds To Prevent Flash Loan Attacks   [Copy]
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