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Solana-Powered Crema Finance Loses Almost USD 9M in Flash Loan Attack


Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has lost over USD 8.7m worth of crypto assets in a flash loan attack that drained its liquidity reserves. The protocol's official Twitter account confirmed the hack on Sunday and announced the temporary...

This Is Why Fed Might Attack Inflation More Aggressively


Veronika Dolar, Assistant Professor of Economics, SUNY Old Westbury._______ Inflation surged at the fastest pace in over 40 years in May 2022, pushing the Federal Reserve toward a more aggressive pace of interest rate increases to slow it down. While there’s concern it could cause unemployment...

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