2022-11-24 13:47 |
Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million.
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The police are reportedly looking into allegations of cheating and fraud by the company and its directors.
2022-11-24 09:32 | |
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Singapore-based crypto lender Hodlnaut reportedly lost almost $190 million, as a result of Terra’s collapse earlier this year in May. According to a report published by Bloomberg, the embattledThe post Report: Hodlnaut lost almost $190M in Terra crash appeared first on AMBCrypto.
2022-11-1 00:00 | |
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Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers.
On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm. Authorities alleged that the three accused individuals — Cred co-owner and former CEO Daniel Schatt, former CFO Joseph Podulka, and former CCO James Alexander — took part in a scheme that caused customers to lose […] The post DOJ charges three Cred execs over $783 million in customer fund losses appeared first on CryptoSlate.
"The main problem was our lack of organizational execution," MarginFi's longtime leader Edgar Pavlovsky told CoinDesk.
Crypto's high yield structured product sector is getting a bit more mature.
The failed crypto lending firm Celsius Network has been cleared to exit bankruptcy and enact its recovery plan, Bloomberg reported on Nov. 9. That report indicates that the company won approval in bankruptcy court to convert its business into a creditor-owned Bitcoin (BTC) mining firm.
MultiChainZ chief operating officer Aanchal Thakur believes that cross-chain lending platforms will open users up to more liquidity.