Polter Finance has suffered a $12 million flash loan hack, with the platform investigating stolen funds linked to Binance wallets and offering impunity to the attacker.
Lending news
Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.
High-risk DeFi loans have soared since the US elections, just months after Curve’s founder was liquidated for over $100 million.
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.
This lending infrastructure introduces multi-collateral solutions that aim to improve flexibility, liquidity and control for users across major blockchain networks.
Ancilia accidentally shared a link to a wallet drainer in its attempt to help victims of the $52 million hack on blockchain lending protocol Radiant Capital.
Approximately $58 million has been lost from a cybersecurity breach at the lending protocol, one expert said.
This DeFi platform offers interest-free leverage, 150% financing and advanced risk management to optimize cryptocurrency borrowing and lending.
Without Bitcoin staking oracles, BTC-based liquid staking tokens can be used only to provide liquidity on DEXs, according to RedStone co-founder Marcin Kaźmierczak.