Flash loans are a unique

Bot 'Attacks' MakerDAO's Flash Loan To Walk Away With $3 Profit

Crypto Bot Executes $200 Million Flash Loan for $3.24 Profit

Flash loans are a unique feature in cryptocurrency, as they enable borrowing and repayment within a single transaction without collateral. In this case, the arbitrage bot capitalized on

According to the report

According to the report, the bot strategically exploited MakerDAO’s ‘DssFlash’ contract by borrowing a substantial amount of 200 million DAI. Taking advantage of

An arbitrage bot flash loaned $200 million worth of the dai stablecoin (DAI) from MakerDAO on Wednesday, making a $3.24 profit after transaction fees. The bot took

Crypto trading bot borrows $200M for a $3 gainTradingView

A crypto trading bot programmed

Flash Loaner Defrauded Makerdao Of $200M With Only $3 In Profit

A crypto trading bot programmed to perform arbitrage trades made various complex moves within the Ethereum blockchainincluding taking a $200 million flash loan

Key takeaways: An arbitrage bot exploited MakerDAO’s ‘DssFlash’ contract, generating a $200 million flash loan for a profit of $3.

Utilizing the obtained WETH

Utilizing the obtained WETH, the bot promptly purchased Threshold Network (T) on Curve and sold it on Balancer.

Someone Flash Loaned $200M From MakerDAO to

MakerDAO Scammed Out of $200M by Flash Loaner Making Only

tldr

The arbitrage bot, used to take advantage of price discrepancies on the market, exploited MakerDAO’s ‘DssFlash’ contract for zero-fee borrowing of its DAI.

tldr; An arbitrage bot flash loaned $200 million worth of DAI from MakerDAO, making a $3.24 profit after transaction fees. The bot borrowed 200 million DAI tokens and supplied them to the

An arbitrage bot flash loaned $200 million worth of DAI from MakerDAO, making a $3.24 profit after transaction fees. The bot took advantage of MakerDAO’s ‘DssFlash’ contract, which

Someone Flash Loaned $200M From MakerDAO to Make $3 Profit

Crypto Bot Generates $3.24 Profit from $200M Flash Loan