Flash Loans: The Blessing or Curse of DeFi - Understanding Mechanics and Security in DeFi Ecosystems

Explore a comprehensive conference talk from Hack In The Box Security Conference that delves into the complex world of flash loan attacks within the DeFi ecosystem. Gain in-depth knowledge about flash loan mechanics, their legitimate applications, and potential security risks through detailed analysis and real-world case studies. Learn how these attacks are executed, examine notable security incidents, and discover effective mitigation strategies for protecting DeFi protocols. Led by Kritsada Dechawattana, a cybersecurity consultant with extensive experience in blockchain security and smart contract auditing, master practical approaches to implementing robust security measures, including code auditing, real-time monitoring, circuit breakers, and decentralized oracles. Perfect for security professionals, DeFi developers, and blockchain enthusiasts seeking to understand and defend against flash loan vulnerabilities in decentralized finance.