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The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla executive and owner of … Read more
The Euler Finance exploit was the largest of Q1 2023, and the risk of a similar attack on other protocols remains. Go to Source Powered by WPeMatico
An unprecedented number of BTC margin longs recently closed at Bitfinex, leaving analysts searching for explanations. Go to Source Powered by WPeMatico
The exploiter originally drained $195 million worth of ETH and tokens from the protocol but has now returned around $138 million. Go to Source Powered by WPeMatico
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth … Read more
Euler is currently working with law enforcement agencies and blockchain security firms, trying to contact the exploiter to recover the funds. Go to Source Powered by WPeMatico
Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services. Go to Source Powered by WPeMatico
DeFi lending platform Tender.fi sees $1.59 million of assets drained by alleged white hat hacker taking advantage of a misconfigured oracle. Go to Source Powered by WPeMatico
Babel reportedly owes $524 million worth of Bitcoin, Ether and other tokens due to “risky trading activities” by co-founder Wang Li. Go to Source Powered by WPeMatico
BTC traders at Bitfinex and OKX are unwilling to use margin markets for bearish bets, creating an alarming imbalance that investors should pay close attention to. Go to Source Powered by WPeMatico
