Before the crypto crash this week, Cardano had shown outstanding upward momentum. The coin at one time even rallied by nearly 50% in less than a week. But as weakness sips through the market, all these incredible gains have now reversed. Despite this, ADA has managed to establish a strong trading range. Here are some …
Cardano establishes a strong trading range despite pressure Read More »
Thieves are finding creative ways to get around paying for record high gas prices. Police advise residents to park in a “well-lit and high-traveled area” to avoid theft. Gas stations report thousands of stolen gallons nationwide. LoadingSomething is loading. Staggering prices have prompted a wave of gas thieves to become criminally creative in their efforts …
Skyrocketing gas prices have sparked fuel thefts that are just plain weird Read More »
You are here: Home / News / Crypto Scam / Jeff Huang AKA Machi Big Brother Denies Zachxbt’s Allegations June 17, 2022 by Vignesh Karunanidhi ZachXBT, a decentralized finance (DeFi) cyber detective, accused Jeff Huang, famed Taiwanese musician, and blockchain figure, popularly known as Machi Big Brother, of wrongdoing in ten separate cryptocurrency projects on …
Jeff Huang AKA Machi Big Brother Denies Zachxbt’s Allegations Read More »
You are here: Home / News / Crypto Scam / Inverse Finance Lost $1.2M in a Flash Loan Oracle Exploit; Details June 17, 2022 by Vignesh Karunanidhi Inverse Finance was targeted with a flash loan hack merely two months after losing $15.6 million in a price oracle tampering assault. The attackers made off with $1.26 …
Inverse Finance Lost $1.2M in a Flash Loan Oracle Exploit; Details Read More »
Liquidity in finance refers to how fast and easy you can exchange an asset for cash. So, in crypto, that is the same. This means companies need to have some liquid assets. It allows them to pay their bills or debts. Recently, we saw four big crypto companies/projects struggle. All four had insufficient liquidity. Terra/Luna, …
Why the Real Shortage in Bear Markets Is Crypto Liquidity? Read More »
Summary: The firm cited unusual liquidity pressure as the main reason. Babel has now halted withdrawals and redemption till further notice. FatManTerra from the Terra community claims that Babel has heavy losses on one of its positions. Tether CTO Paolo Ardoino confirmed that Babel has no borrowing positions on Bitfinex. Babel Finance has suspended redemptions …
Crypto Lending Giant Babel Finance Halts Redemptions And Withdrawals Read More »
This month’s far-reaching crypto liquidity crisis has affected yet another company. Key Takeaways Babel Finance suspended withdrawals and redemptions today, citing liquidity pressures as its reason for doing so. The firm did not say if or when it would resume services but said that it would provide a separate notification on this. Babel also alluded …
Babel Finance Halts Withdrawals, Citing Low Liquidity Read More »
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