Read on for a long story full of adrenaline, black & white hats, bots, txs, and code snippets! ‡οΈ
Everything started with an email from the brother of a friend asking for help.
Amidst the excitement of an alpha leak, he had entered his seed phrase where he shouldn't had. He got almost all of his savings siphoned out of his account.
Feb 19, 2020 β’ 15 tweets β’ 4 min read
To everyone not following the crypto scene, a new use case that is an actual game changer has come up recently.
I'm talking about flash loans (thread) π§΅
Decentralized Finance (DeFi, for short) has become one of the most popular use cases.
Financial instruments from the traditional world, such as loans and derivatives, have been encoded as smart contracts and run on the Ethereum decentralized network.