2 Matching Annotations
  1. Aug 2022
    1. 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

    1. 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.