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Quantstamp, a blockchain security firm, has introduced the Economic Exploit Analysis tool designed to detect potential flash loan attack vulnerabilities in smart contracts.
While it can analyze multiple contracts from various DeFi protocols, some manual adjustments are needed for specific protocols.
Flash loan attacks, which have drained about $200 million in the Euler Finance exploit alone, are a growing concern in DeFi. 
Citi's Token Service and the Future of Banking
Traditional Finance (TradFi) is experiencing a surge of transformative trends. Following the footsteps of other major entities in the sector, Citibank is embracing blockchain technology. With the innovative Citi Token Service and smart contracts, this banking behemoth is aiming to enhance the transparency and efficiency of its services. 
India's Minister of Finance, Nirmala Sitharaman, has verified ongoing discussions within the G20 about establishing an international framework for cryptocurrencies. She views digital assets as both a challenge and an opportunity. "In an interconnected world, financial technology transcends borders, therefore making cross-border partnerships absolutely crucial,” Sitharaman said. Previously, India's Prime Minister had also emphasized the need to embrace technological advancements and develop comprehensive global regulations. Cryptocurrency skeptic elected as Singapore's president
With 70.4% of the vote, 66-year-old Tharman Shanmugaratnam has been chosen as Singapore's new President. Formerly the Finance Minister and Central Bank head, he'd expressed that cryptocurrencies are "purely speculative assets" and "slightly crazy." 
The FTX founder, Sam Bankman-Fried, has publicly declared his innocence. He responded to charges of fraud, money laundering, and recent allegations concerning breaches of election campaign finance laws.
He articulated his defense on August 22nd in the Southern District Court of New York.