Flash loan attacks are one of the most dangerous threats in DeFi, letting hackers take over DAOs and steal millions without ever owning the tokens. In this video, I will explain how flash loans work, why they’re a powerful feature in DeFi, and how attackers can use them to temporarily gain massive voting power. You’ll see how real hacks like the Beanstalk protocol led to huge losses, and get a peek at hands-on challenges that show exactly how these attacks happen.
We'll look at how these attacks work and see real-world examples like the $181M Beanstalk hack. Watch the full video and see how flash loan exploits unfold, and find out what you can do to stop them.
Don’t forget to like, subscribe, and check out the smart contract hacking course for more in-depth tutorials!
Timestamps: 00:00 Intro 00:42 How to Take Over a DAO 01:48 What Are Flash Loans 03:51 Why Are Flash Loans Dangerous 05:33 How Governance Attacks Work 06:51 Use Case 1: $181M Beanstalk Hack 08:10 Use Case 2: DVD "Selfie" Challenge 11:51 How To Prevent Flash Loan Attacks 14:15 Outro
