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DeFi flash loan attacks shifted to protocol logic flaws, which caused 55% of losses by 2024
Published Source: CryptoPolitanRead original
Crypto Insight Summary: Logic exploits took 55% of DeFi flash loan losses from February 2022 to July 2024, up from 28%, a Journal of Financial Crime study found. Crypto Insight Analysis: Direction: Bearish DeFi Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Flash loan attacks highlight DeFi security risks, causing temporary market uncertainty.