ANALYSIS OF ATTACK EVENTS
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Flash loan is a type of unsecured lending that relies on the atomicity of blockchain transactions at the point of execution and adds dynamism to DeFi
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Reentry attack " the DAO"
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Arithmetic bug
ANALYSIS OF ATTACK EVENTS
Flash loan is a type of unsecured lending that relies on the atomicity of blockchain transactions at the point of execution and adds dynamism to DeFi
Reentry attack " the DAO"
Arithmetic bug
These attacks affect both the current single-collateral Dai (SCD or ‘Sai’) and the upcoming multi-collateral Dai (MCD) implementations, as well as similar systems with on-chain governance.
51% is not neccesary to manipulate governance to steal the system's collateral.