BlockFi used customer money to buy $30M insurance, creditors claim
BlockFi said selling its cryptocurrency lending platform might not generate value for creditors.
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Eligible Celsius users can withdraw all ‘Distributable Custody Assets’ following court approval
Certain Celsius users, largely those who only ever held funds in custody accounts, had previously been limited to withdrawing up to 94% of their funds.
Mashinsky files motion to dismiss NY AG suit, says it ‘parrots misinformation’
Former Celsius CEO Alex Mashinsky was charged with seven counts of fraud in connection with “false and misleading statements” about his company, among other things.
ByBit joins crypto exchanges offering crypto lending services
Dubai-based cryptocurrency exchange ByBit rolls out cryptocurrency lending service, joining a handful of major exchanges that offer interest-bearing lending facilities.
Blur introduces NFT perpetual lending protocol
Borrowing positions automatically roll their expiry, and can be refinanced should one party unilaterally decide to terminate.
Majority of creditors want Hodlnaut liquidated
Only 2.42% of claimants favor restructuring, and they are almost exclusively company directors. Withdrawals were frozen in August.
Hundred Finance loses $7 million in Optimism hack
The attacker reportedly manipulated the exchange rate between ERC-20 tokens and hTOKENS to steal over $7 million from the protocol.
Euler Finance attack: How it happened, and what can be learned
The Euler Finance exploit was the largest of Q1 2023, and the risk of a similar attack on other protocols remains.
Why did 12K Bitcoin margin longs close at Bitfinex, and why didn’t it impact BTC price?
An unprecedented number of BTC margin longs recently closed at Bitfinex, leaving analysts searching for explanations.
Euler Finance exploiter returns another $37.1M worth of ETH and DAI
The exploiter originally drained $195 million worth of ETH and tokens from the protocol but has now returned around $138 million.