Flash Loan Attack
A flash loan attack happens when someone takes advantage of a smart contract to borrow money without collateral, often to manipulate prices or steal funds, all in a very short time.
More terms under F
- FlappeningFlappening refers to the event when Litecoin becomes more valuable and larger in market size than Bitcoin Cash (BCH). The term is inspired by "Flippening,"…
- Flash CrashA flash crash is when the price of an asset drops quickly and sharply in a short amount of time.
- Flash LoanA flash loan is a type of loan where you borrow money and pay it back within the same transaction, usually in just a few seconds.
- Flash LoansFlash loans are a way to borrow money in the cryptocurrency world without needing to provide collateral, but you must pay it back within the same transaction.
- FlashbotsFlashbots is a group that works to reduce the negative impacts of a practice called Maximal Extractable Value (MEV), which involves making profits from…
- FlatcoinFlatcoins are cryptocurrencies designed to maintain a stable value based on the cost of living, rather than being tied to traditional money or physical goods.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.