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Hacks & Security Unverified First seen

Study: Flash Loan Attacks Drained $1.2B From DeFi Between 2020 and 2024

A study reported by Decrypt claims flash loan attacks drained $1.2B from DeFi between 2020 and 2024, based on researchers scanning more than 20 billion transactions.

Why “Unverified”

  • Reported by Decrypt alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 56/100. How labels work

What the sources claim

  1. Flash loan attacks drained $1.2B from DeFi between 2020 and 2024, according to a study.

    “Flash Loan Attacks Drained $1.2B From DeFi Between 2020 and 2024: Study”
    Decrypt

  2. Attacks grew more sophisticated and less predictable over the period, according to researchers.

    “Attacks grew more sophisticated and less predictable over the period, according to researchers”
    Decrypt

  3. Researchers scanned more than 20 billion transactions.

    “researchers who scanned more than 20 billion transactions”
    Decrypt

Sources

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Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-06 15:30 UTC. Labels are computed from the sources, not by the model.