Tags : Flash

Bitcoin

Bitcoin breaks $60,000 a year after ‘flash crash’ to under

Bitcoin, the world’s biggest cryptocurrency by market cap, broke the $60,000 level today driven by futures and spot trading activity. It’s now returned over 990% to investors in the past year, and 8% in the past day. Data showed over $490 million worth of “short” positions, or bets against BTC’s rising prices, were liquidation as […]Read More

Blockchain

What Is a Flash Loan?

A flash loan is relatively new type of uncollateralized lending that has become popular across a number of decentralized finance (DeFi) protocols based on the Ethereum network. These types of loans have made headlines recently because they have been used to exploit a number of vulnerable DeFi protocols, leading to millions of dollars in losses. […]Read More