Wintermute borrowed $92.5 million for a duration of 180 days. Now Wintermute owes $75M to Maple Finance and Clearpool. Concerns about paying back $189.4 million in debt arose when crypto market maker Wintermute lost $160 million in a hack. Excitingly, on Oct. 15, Wintermute repaid a $92 million Tether (USDT)
The assailants artificially inflated the value of their collateral and then borrowed heavily. According to the terms of the arrangement, the hacker must return $67 million in tokens. Recently, a thief made off with $100 million in cryptocurrency using an exploit in the Mango Markets platform. Mango DAO has given
Telos is proud to announce that, as part of its Telos Fuel Incentive Strategy, it is actively exploring the decentralized financial sector. The journey begins with an extended partnership with ApeSwap, an AMM trading platform on the BNB Chain. Thanks to the collaboration, ApeSwap will launch on the Telos blockchain,
Coffeezilla, an online scam-busting investigator, has brought to light the fact. Celsius, meanwhile, has a negative net worth of more than $1.19 billion. Ex-CEO of the insolvent digital asset lending company Celsius, Alex Mashinsky is purportedly selling Celsius (CEL) tokens. Mashinsky, however, is being scrutinized after the bankruptcy filing and
AllianceBlock’s primary objective is to lower the barrier of entry to the blockchain and DeFi for all parties involved including the creators, developers, and end users. Keeping this in mind, the DeFi Terminal website has recently been revamped to provide a more streamlined experience for visitors. AllianceBlock also works tirelessly
Telos, an EVM-enabled smart contract platform with great performance and no front-running, has begun a multi-phase initiative to provide fresh liquidity to its developing DeFi ecosystem. Since the Telos EVM’s release, other high-quality AMM and lending-related DeFi projects have joined the initiative, including Sushi, Elk, Omnilend, and others. While they
Four additional decentralized tokens are available on DeFiChain’s DEX. DeFiChain offers users price exposure to their preferred assets without geographical restrictions. Four new decentralized tokens have been added to the DEX of DeFiChain, the leading blockchain in the world on the Bitcoin network. DeFiChain aims to make decentralized financial apps
The leading and fastest-growing Singaporean fintech startup giving simple access to Decentralized Finance (DeFi), Cake DeFi, has released its newest feature, Ethereum (ETH) Staking, with the additional access to liquidity through a tradable token which can be traded on the open market. Staking may be unlocked in advance of the
The hacker exploited a flaw in the cross-chain DEX’s code. Hacker’s IP address, email address, and linked on-chain addresses were identified. Yesterday, a hacker made off with $21 million from the decentralized exchange (DEX) Transit Swap. But this morning, he or she returned 70% of it. The hacker exploited a
Alex and his family still had $44 million worth of crypto assets locked with Celsius. The company filed for bankruptcy and halted withdrawals from users. Around June, the cryptocurrency lending platform Celsius blocked all withdrawal requests from its users. The next month, with a $1.2 billion hole in its finances,
