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Category: Loans
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NFT investor accidentally burns $135k CryptoPunk trying to borrow money
While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation.
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Australian Banking Association’s cost of living inquiry reveals bank pressure
An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if depositors decide to withdraw all funds.
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Yield platform Stablegains sued for promoting UST: Finance Redefined
DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million.
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Platypus attack exploited incorrect ordering of code, auditor claims
The misordered lines caused a solvency check to be performed before the user’s amount, factor, and rewardDebt had been set to zero
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Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
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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.
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Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
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Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research
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We Must Expedite the Move From Centralized Services to Viable DeFi Alternatives
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