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BIS Warning: Cryptocurrency exchanges are evolving into "shadow banks," and users face unprotected risks
The Bank for International Settlements (BIS) released a report indicating that cryptocurrency exchanges are gradually providing bank-like services, such as lending and earn products, but lack the regulation and deposit protection found in traditional financial systems, posing systemic risks.The repo...
sDOLA LlamaLend suffered a flash loan price manipulation attack, resulting in a loss of approximately $240,000
sDOLA LlamaLend suffered a flash loan price manipulation attack, resulting in a loss of approximately $240,000, including 6.74 WETH and 227,325 DOLA.The attacker manipulated the sDOLA price through flash loans and donations, increasing the exchange rate of 1 sDOLA from 1.189 DOLA to 1.353 DOLA. This...
Term Finance closes Meta Vaults after estimated $8.5M attack
CryptoQuant's Risk for Bitcoin: Ki Young Ju Identifies the Main Threat to Bitcoin
CryptoQuant's risk for Bitcoin is not linked to a sudden price crash, but rather to a much less dramatic scenario — a prolonged sideways movement. The founder of CryptoQuant, Ki Young Ju, believes that it is the boredom in the market that can slowly erode investors' faith in the future growth of the...
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