All by tag: DeFi

The incident occurred after the Uniswap V3 decentralized exchange was deployed on the network

The organization cited protecting investors and maintaining the integrity of the digital asset sector as key priorities

Attackers exploited a vulnerability in the collateral mechanism, causing the system to cancel their debt and return the tokens provided as collateral

KeyFi claims that the crypto platform lured new depositors with high-interest rates to repay -earlier creditors

The platform returned its loan pledge of 21 962,63 wBTC

If the proposal is approved, the platforms will report to regulators on a par with banks

The liquidation price of the cryptocurrency collateral securing the platform’s loan has dropped to $49666

This figure is 60% more than for the same period in 2021

Earlier, the platform’s representatives said about active work on resuming withdrawals and resolving liquidity issues

A spokesman for brokerage firm Genesis Global Trading admitted that his clients were shorting the project’s stablecoin in trades worth “hundreds of millions of dollars”

Analysts consider cryptocurrencies to be less efficient and secure than central bank digital currencies

The EU authorities will hold a final meeting where they will discuss issues of control over stablecoins and NFTs