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This Stablecoin Suffered 50% Depeg Following $8.5M Hack
Platypus, a DeFi protocol, is the victim of a flash loan attack worth $8.5 million. The stablecoin USP was depegged by 50% before recovering. The post This Stablecoin Suffered 50% Depeg Following $8.5M Hack appeared first on BeInCrypto. дальше »
2023-2-18 18:32 | |
Avalanche’s Platypus DeFi suffers $8.5m flash loan attack
Platypus DeFi has suffered a flash loan attack, losing about $8.5 million to the attacker. The unfortunate news has crashed the price of the project’s Platypus USD (USP) token by over 52 percent in the past 24 hours. Platypusdefi, an… дальше »
2023-2-17 12:37 | |
DeFi protocol Platypus suffers $8.5M flash loan attack, suspect identified
The attack has led to the de-pegging of the Platypus USD stablecoin, which fell to $0.48 from $1.
дальше »2023-2-17 01:02 | |
USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK. дальше »
2023-2-17 00:34 | |
Robinhood to buy back Bankman-Fried’s seized 7.6% stake
Key Takeaways Sam Bankman-Fried and FTX co-founder Gary Wang bought a 7.6% stake in Robinhood last May Purchased for close to half a billion, the funds were raised via a loan from sister trading firm Alameda Research In November, FTX was revealed to be insolvent, after it sent customer assets to Alameda to shore up […] The post Robinhood to buy back Bankman-Fried’s seized 7.6% stake appeared first on CoinJournal. дальше »
2023-2-13 17:41 | |
Bitfarms settles outstanding loan with BlockFi for $7.75M
The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022.
дальше »2023-2-10 19:30 | |
The potential NFT loan market, accessing liquidity through digital assets – SlateCast 51
SlateCast 51 began with a conversation regarding developments in the crypto world and the impact of downturns on the industry. The post The potential NFT loan market, accessing liquidity through digital assets – SlateCast 51 appeared first on CryptoSlate. дальше »
2023-2-5 18:25 | |
This Bankrupt Crypto Firm Returns 27,000 Mining Rigs To Pay Off Loan
During the 2021 crypto bull, lenders issued over $4 billion in loans collateralized by Bitcoin mining hardware. These financial instruments backfired on BTC mining companies as the sector trended to the downside, and they defaulted on their loans. дальше »
2023-2-4 21:16 | |
Alameda’s attempt to claw back $446m from Voyager Digital fails
Alameda Research's attempt to retrieve $446 million in loan repayments made to bankrupt Voyager Digital has been denied by both the creditors' committee and Voyager. дальше »
2023-2-1 14:56 | |
Tether denies borrowing from bankrupt Celsius
Tether’s (USDT) chief technology officer Paolo Ardoino has denied that the stablecoin issuer took a loan from Celsius in a January 31 tweet. The post Tether denies borrowing from bankrupt Celsius appeared first on CryptoSlate. дальше »
2023-2-1 09:40 | |
Court permits Core Scientific to borrow $70M to replace existing loan
Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11. дальше »
2023-2-1 00:55 | |
Core Scientific agrees $70 million loan from B. Riley
Core Scientific is seeking emergency relief from the bankruptcy court for it to secure a replacement loan facility. According to court documents, the miner has agreed to a $70 million credit facility from investment banking firm B. дальше »
2023-2-1 21:35 | |
Embattled BTC miner Core Scientific seeking approval for $70M loan from B. Riley
Publicly traded embattled Bitcoin (BTC/USD) miner Core Scientific (NASDAQ: CORZ) is seeking approval from the Bankruptcy Court for the Southern District of Texas Houston Division for a $70 million loan from investment bank B. дальше »
2023-2-2 21:16 | |
Alameda Research to recover $446 million in crypto paid to Voyager Digital
Defunct crypto trading firm Alameda Research is aiming to reclaim $446 million transferred to bankrupt lender Voyager Digital. Voyager had ten different loan sheets with Alameda at the time it The post Alameda Research to recover $446 million in crypto paid to Voyager Digital appeared first on AMBCrypto. дальше »
2023-1-31 18:30 | |
Alameda requests back $445m in loans paid to Voyager
Alameda recently filed a case against Voyager for retrieval of $445 million or more it gave to the crypto lender as loan repayments. The case will go up in the US bankruptcy court for the District of Delaware. FTX’s lawyers… дальше »
2023-1-31 14:17 | |
SEC Commissioner Reminds Industry Experts “What Crypto Is Really About” As Market Rebounds
Last year recorded frequent digital asset scams leading to huge losses hitting over $2 billion as rug pulls, bridge, and flash loan attacks surged, leading to increased scrutiny by authorities. дальше »2023-1-27 23:07 | |
Bad Actors Could Continue Exploits In 2023, Security Firm Advises On Private Keys
Digital asset fraud was over $4 billion last year, with the 10 largest grossing $2.1 billion as the industry recorded massive rug pull schemes and flash loan hacks. дальше »2023-1-22 21:30 | |
Midas Capital Releases $660,000 Exploit Post Mortem, DeFi Attacks Carry Into 2023
Midas Capital suffered a $660,000 exploit after an attacker used a flash loan exploit on a Jarvis Polygon pool. The post Midas Capital Releases $660,000 Exploit Post Mortem, DeFi Attacks Carry Into 2023 appeared first on BeInCrypto. дальше »
2023-1-17 13:45 | |
Sam Bankman-Fried Blogs Like a Crypto Robin Hood, but in Court He's Not So Charitable
The FTX founder’s claimed largesse about giving his funds away contrasts with a legal battle to keep control of $450 million in shares – that were paid for a loan from Bankman-Fried’s Alameda Research дальше »
2023-1-13 23:04 | |
Silvergate received a $4.3B bailout after FTX collapse
Silvergate Bank received $4. 3 billion from the San Francisco-based Federal Home Loan Bank last year, following the collapse of crypto exchange FTX, according to the firm’s Q4, 2022 flings. The post Silvergate received a $4. дальше »
2023-1-12 22:20 | |
Gemini Ends Earn Program amid Growing Feud with Genesis
Coinspeaker Gemini Ends Earn Program amid Growing Feud with Genesis The master loan agreement (MLA) between Gemini's customers and Genesis now ceases to exist. Gemini Ends Earn Program amid Growing Feud with Genesis дальше »
2023-1-11 11:57 | |
Longling Capital balance falls from $1.7b to $29m, signaling potential market exit
Major venture capital firm Longling Capital keeps selling its holdings. The latest transaction processed on Jan. 9 moved 8,000 ethereum (ETH) worth $10.6 million to Binance. Blockchain data shows that Longling Capital repaid a $1,9 million loan to Compound to… дальше »
2023-1-10 13:54 | |
US authorities are turning their attention to FTX’s Nishad Singh: Report
FTX’s bankruptcy filings show a $543 million loan to former engineering director Nishad Singh, who was reportedly a part of the secret ‘wirefraud’ chat group. дальше »
2023-1-6 01:02 | |
Core Scientific Gets $37.5M Loan to Stay Afloat; BlackRock Among Creditors
BlackRock Inc. has issued a $17 million loan to bankrupt Bitcoin miner Core Scientific to help it stay afloat during its bankruptcy process. The post Core Scientific Gets $37.5M Loan to Stay Afloat; BlackRock Among Creditors appeared first on BeInCrypto. дальше »
2023-1-2 19:55 | |
Argo Blockchain sells top mining facility to Galaxy Digital for $65M
Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy. дальше »
2022-12-29 11:45 | |
FTX's Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares
Sam Bankman-Fried said in an affidavit he bought Robinhood shares with funds borrowed from Alameda. The admission throws a wrinkle into a lawsuit from crypto lender BlockFi, which says it was promised the shares as collateral against a loan taken out by Alameda. дальше »
2022-12-28 19:14 | |
Defrost attacker returns stolen funds amid ‘rug pull’ accusations
Recently exploited decentralized leverage trading platform Defrost Finance reveals that $12 million in stolen funds were returned by a hacker, raising suspicions of a rug pull. Defrost Finance hack Defrost Finance experienced a flash loan attack on December 23. It… дальше »
2022-12-27 00:34 | |
Hackers liquidate Defrost Finance, triggering a $12m loss
Blockchain security watch firm PeckShield confirmed a flash loan attack in Defrost Finance has led to users losing more than $12 million. Defrost V1 and V2 under investigation After a few users complained about significant losses in their accounts, Defrost… дальше »
2022-12-25 19:51 | |
Caroline Ellison admits to stealing billions of dollars from FTX customers
Caroline Ellison, the former CEO of Alameda Research, has admitted to deliberately deceiving lenders about loan amounts they took from FTX, along with co-founder Sam Bankman-Fried. дальше »
2022-12-24 15:00 | |
New Chelsea owner will receive $350 million if Genesis is bankrupt
The new Chelsea FC CEO Todd Boehly will acquire $350 million if the crypto lender Genesis declares bankruptcy. Digital Currency Group will be liable for such an outstanding loan. DCG tries to raise funds to support Genesis Digital Currency Group… дальше »
2022-12-22 22:09 | |