⚠️ Flash Loan Attacks Are Back — How to Protect Your DeFi Portfolio NOW! 🔐
DeFi is booming, but so are flash loan attacks — quick, massive loans hackers use to exploit vulnerabilities and drain protocols. Just last week, another $5M was stolen! Here’s what you need to know:
🔍 What is a Flash Loan Attack?
Hackers borrow huge amounts instantly, manipulate price oracles, then repay immediately — all within seconds, causing chaos.
💡 3 Quick Tips to Protect Yourself:
1. Use audited protocols only. Check for security audits before investing.
2. Avoid pools with low liquidity or unusually high yields — these are red flags.
3. Follow the project team closely on socials for real-time updates and warnings.
🚨 DeFi is amazing but risky — never invest more than you can lose. Educate yourself and stay alert!
#DeFi #CryptoSecurity #FlashLoanAttack #BinanceSquare #CryptoSafety #Ethereum #SmartContracts
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