Crypto collateral on DeFi lending platform bZx has dropped to its lowest level for over a year as a token duplication incident resulted in an emergency code patch and resetting of user balances. Another technical glitch has created problems for DeFi lending protocol bZx. The team responded with a breakdown of events, reassuring borrowers and
Compound Finance, a decentralized finance platform, holds over $200 million USD in assets on its supply side, making a remarkable feat in the industry. As the company grows, Co-Founder of Compound, Robert Leshner, believes security is the “north star” to development in the space, especially in light of the recent contract exploitations on bZx exchange.
Ethereum (ETH) is peaking and traders, it seems are quickly taking their profits. For perspective, and to quantify how fast longs are scrambling for the exits, the second most valuable asset is down 5% in the last trading day. Ethereum (ETH) bulls Falling Short Peaking over the weekend, $20 just shy of the important $300