DeFi protocol token NFD crashes by 99% after a flash loan attack


$ 82,909.8
€ 75,504.8
¥ 38,800.0
£ 64,125.2
BTC
1.10 %
$ 1,792.33
€ 1,632.00
¥ 838.70
£ 1,386.41
ETH
0.59 %
$ 214.52
€ 195.26
¥ 100.27
£ 165.79
XMR
2.89 %
$ 83.77
€ 76.04
¥ 39.15
£ 64.56
LTC
2.37 %

Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols.