Blur introduces NFT perpetual lending protocol
Borrowing positions automatically roll their expiry, and can be refinanced should one party unilaterally decide to terminate.
Auto Added by WPeMatico
Borrowing positions automatically roll their expiry, and can be refinanced should one party unilaterally decide to terminate.
Only 2.42% of claimants favor restructuring, and they are almost exclusively company directors. Withdrawals were frozen in August.
The attacker reportedly manipulated the exchange rate between ERC-20 tokens and hTOKENS to steal over $7 million from the protocol.
The Euler Finance exploit was the largest of Q1 2023, and the risk of a similar attack on other protocols remains.
An unprecedented number of BTC margin longs recently closed at Bitfinex, leaving analysts searching for explanations.
The exploiter originally drained $195 million worth of ETH and tokens from the protocol but has now returned around $138 million.
Euler is working with law enforcement agencies and blockchain security firms to contact the exploiter and recover the funds.
Babel reportedly owes $524 million worth of Bitcoin, Ether and other tokens due to “risky trading activities” by co-founder Wang Li.
Despite Hodlnaut creditors insisting on the firm’s liquidation, the founders keep trying to save the business and sell it to potential investors.
Researchers affiliated with the Canadian central bank identified weak points in DeFi lending protocols and reported on the potential they saw for mitigating them.