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Security firm Quantstamp launches DeFi flash loan vulnerability detection tool
Quantstamp, a blockchain security and auditing company, has launched a tool to detect DeFi flash loan vulnerabilities, aiming to help identify potential flash loan attacks in smart contracts. According to a statement, the tool automatically scans the protocol's software code for vulnerabilities that could be exploited by flash loan attacks. The tool is not limited to analyzing one specific contract or contracts belonging to a single client. Auditors (people who check code for security flaws) can use the tool to analyze the various contracts that integrate DeFi protocols, Quantstamp added. However, while the tool's search process is automated, it does require some manual intervention to make protocol-specific adjustments, and it's not guaranteed to detect all vulnerabilities.