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Iron Bank Euro’s Stablecoin Crisis: No Clear Path to Repeg After 60% Value Drop
20.12.2023
Source: Adobe / Skórzewiak Iron Bank Euro (IBEUR), a low-cap alternative stablecoin, has found itself in the midst of a crisis with no immediate route back to its stablecoin peg after experiencing a sharp 60% drop in value on Monday. The stablecoin, with a $3.7 million issuance, tumbled from...
Crashed Stablecoin Iron Bank Euro (ibEUR) Lacks Clear Repeg Path
19.12.2023
Iron Bank brings out the big gun, holds Alpha Homora’s users’ funds hostage to cover debt
7.3.2023
We have seen the crypto industry and staking services go down in recent months. The time has now come for decentralized finance to feel the burn of the community. This came to light after Iron Bank announced holding back the users’ funds of Alpha Homora. Funds are being held hostages to cover...
DeFi Firms Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism
16.8.2022
Developers of the DeFi protocols said that layer 2 networks offer improved security and capital efficiency for users
C.R.E.A.M. Finance and Yearn Finance Launch Iron Bank on Fantom
8.10.2021
C.R.E.A.M. and Yearn Finance will now collaborate to develop multi-chain solutions and transition to new networks as a group. C.R.E.A.M. and Yearn extended their partnership in November 2020 to work together and establish the Iron Bank. The Iron Bank is a more versatile version of C.R.E.A.M. v1....
C.R.E.A.M. launches Iron Bank flash loans, eyes cross-chain capital efficiency
8.4.2021
Iron Bank is ready to re-enter the spotlight after the Alpha Homura hack, and plans are underway to take the lending protocol to new heights
Cream Iron Bank Flash Loan Attack: Markets Re-Enabled While Asset Borrow Is Paused
16.2.2021
Following the Cream Iron Bank flash loan attack, preliminary findings of a probe have shown that contracts and markets still function normally. As a result, markets have now been re-enabled while the asset borrowing function has been paused. The Cream team also reveals that investigations...
Alpha Homora loses $37 million following Iron Bank exploit
13.2.2021
Though a "prime suspect" has been identified, how will the protocol make itself whole?
Cream Finance leaps into DeFi ‘corporate debt’ with Iron Bank launch
14.1.2021
The Iron Bank feature will allow protocols to borrow funds without posting collateral