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Unique Bitcoin-backed home loan refinancing deal in California
29.7.2021
Glen Oaks Escrow has made its first BTC-backed refinancing of a property in San Diego
California Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and Tesla
12.7.2021
The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan to Buy Cryptocurrency and Tesla The U.S. Department of Justice (DOJ) announced Friday that Lebnitz Tran...
Argo Blockchain receives $20M Bitcoin-backed loan from Galaxy Digital for Texas mining facility
29.6.2021
The U.K.-based mining firm's announcement comes amid the country's Financial Conduct Authority cracking down on crypto exchanges
Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks
3.6.2021
Binance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart...
Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million
31.5.2021
Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This...
Belt Finance loses millions in latest BSC-based DeFi exploit
31.5.2021
Another day, another BSC DeFi protocol gets hacked
BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack
29.5.2021
Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million...
Another Two Binance Smart Chain Projects Suffer Flash Loan Attacks
28.5.2021
Source: Instagram, Binance
And yet another two projects on Binance Smart Chain (BSC) suffered incidents, in the form of more flash loan attacks - and this time it's Burger Swap (BURGER) and JulSwap (JULD).
BSC, ran by the crypto exchange giant Binance, may be getting more popular among...
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
25.5.2021
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports....
ICO fraudster pleads guilty to $7m Covid-relief loan scam
21.4.2021
An ICO fraudster spent more than $7 million in fraudulently obtained covid relief on luxury personal expenses, including a Rolex, a luxury apartment, and a new Mercedes
Shark Tank’s Barbara Corcoran Advocates Getting Rich by Investing in Real Estate, Not Cryptocurrencies
17.4.2021
Shark Tank star Barbara Corcoran, the entrepreneur who turned a $1,000 loan into a billion-dollar real estate empire, says she will get rich by investing in real estate, not cryptocurrencies. The American investor takes every extra dime she has and puts it in real estate, emphasizing that she will...
Canadian Company Mogo Offers Bitcoin Rewards for Clients Engaging in a New Mortgage or Refinancing
31.3.2021
On Monday, the publicly-listed Canadian company Mogo announced the firm is extending the bitcoin rewards program applied to the firm’s prepaid Visa card to the operation’s Mogomortgage product. Mogo members leveraging the Mogomortgage platform can earn up to $3,100 in bitcoin if they...
The Flash Mint is here: WETH10 turbocharges the flash loan concept
5.3.2021
The newest Wrapped Ether has an extensive list of improvements, including the anticipated flash mint feature
What Is a Flash Loan?
17.2.2021
A guide to one of DeFi's most innovative and controversial features
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...
DeFi Protocols Cream Finance, Alpha Exploited, $37.5M Lost: ‘Prime Suspect’ ID’d
13.2.2021
Alpha Finance says the "loophole" has been patched
Bitfinex Says It Repaid Tether for $550M Loan at Center of NYAG Probe
5.2.2021
Bitfinex says early Friday it repaid fully of the loan to Tether
Amid ongoing legal proceedings, Bitfinex announces Tether loan repayment
5.2.2021
A half-billion dollar loan has been closed out, but multiple court cases grind on
Pioneering Aussie engineer refinances home loan using DeFi in a single day
3.2.2021
After hitting a wall with banks, a borrower has turned to DeFi to pay off his mortgage
Ditto Promotes Accessible Finance for Streaming Artists with the Launch of Defi Platform
2.2.2021
Global music distribution service Ditto has unveiled the latest addition to its service lineup for musicians with a blockchain-based financing platform named Opulous. Opulous Peer-to-Peer Lending Platform Serves as a Loan Pool Designed to Help Artists Ditto continues its efforts to improve...