News for hackers. Stuff that matters.
Re:Attacking the DeFi ecosystem with flash loans for fun and... by qqii on Saturday January 16, 2021 @06:04PM (#25806364)
In most cases yes, at some point the attacker will want to turn his tokens into cash and at that point he is at the mercy of centralised services who gets to decide.

Here's an old computerphile video: https://youtu.be/UlLN0QERWBs

Etherscan provides such a service for ethereum: https://info.etherscan.com/ethprotect/

As long as there are enough centralised services with enough volume that agree such tokens are tainted the decision is effectively made for the entire ecosystem.

Re:Attacking the DeFi ecosystem with flash loans for fun and... by literallycancer on Sunday January 17, 2021 @11:26AM (#25812029)
Just turn it into Monero or Zcash and take out via crypto ATM.