WebMar 30, 2024 · An anonymous crypto user took advantage of the airdrop to rake in about $800,000 by preemptively taking a flash loan, then renting and selling BAYC NFTs in a … WebMar 18, 2024 · After paying off the flash loan and the fees, they netted $820,000 (almost 300 ETH). CryptoPotato reported yesterday the frenzy around the new ApeCoin that led to a pump and dump in Bored Ape Yacht Club’s floor price. This happened because of people buying BAYC-related NFTs to participate in the highly-anticipated airdrop.
Reproducing the $APE Airdrop Flash Loan Arbitrage/Exploit
WebMar 18, 2024 · Flash loans are a way to borrow large amounts of crypto at low cost, on the basis that the crypto is repaid in the same transaction in the same block (meaning that … WebDec 6, 2024 · Security firm PeckShield has already highlighted two examples of Bored Ape NFT holders who collectively lost tens of thousands of dollars worth of ApeCoin through arbitrage plays. In both instances, the buyer took out a DeFi flash loan to purchase the Bored Ape NFT, claimed the ApeCoin, resold the NFT, and then repaid the loan while … do mesh routers need a modem
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
WebFeb 27, 2024 · A longer version of the article appears on Medium . Flash loans have been the center of attention lately. Recently, two hackers used flash loans to attack the margin trading protocol bZx, first in ... WebFeb 17, 2024 · A flash loan is a type of uncollateralized lending that is popular across a number of decentralized finance (DeFi) protocols … WebLow rate loan staking. Simple Earn (Flexible) asset can be used as collateral. Borrow Market. Loan Data. Loanable Coin. Flexible Rate. Low Rates. Hourly / Annually Interest Rate. 7 Days - Stable Rate. Hourly / Annually Interest Rate. 30 Days - Stable Rate. Hourly / Annually Interest Rate. FAQs. Flexible Rate Loan. Learn More. fake tattoos that look real amazon