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Fantom Finance Suffers Major Hack, $2.6 Million Worth of Ether (ETH) Stolen

Fantom Finance Suffers Major Hack, $2.6 Million Worth of Ether (ETH) Stolen

Fantasm Finance, a synthetic assets protocol, has revealed that it has suffered a security breach with nearly 1,007 ETH ($2.6 million) stolen from its platform.  A major hack attack  Fantasm Finance confirmed the hack attack on its protocol on Twitter and revealed that the event had occurred in the early hours of today. They further …

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What Is Leverage in Corporate Finance? Definition & Examples

What Is Leverage in Corporate Finance? Definition & Examples

Companies often use leverage to fund expansion projects without relinquishing any company ownership.  Jacek Dylag via Unsplash; Canva What Is Financial Leverage? In business, financial leverage is the use of borrowed capital—usually in the form of corporate bonds or loans—to finance operations in order to generate income. In order to grow in value, companies need …

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Russian Parliament working group: There should be ‘mechanisms to control crypto transactions’

Russian Parliament working group: There should be ‘mechanisms to control crypto transactions’

The working group weighed in on the side of the Finance ministry in a call to regulate, not ban crypto. 1538 Total views 17 Total shares Amid the ongoing discussion between the Central Bank of Russia (CBR) and the nation’s Finance Ministry on the future of crypto, a State Duma (the lower chamber of Parliament) …

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Multi-chain instant swap platform Symbiosis announces beta mainnet launch

Multi-chain instant swap platform Symbiosis announces beta mainnet launch

DeFi The AMM DEX makes it possible to manage liquidity on any chain from a single interface. Cover art/illustration via CryptoSlate Symbiosis Finance is a multi-chain AMM DEX and liquidity protocol that allows users to perform any crypto token swap. After a long period of testing, Symbiosis announced its beta mainnet launch which enables instant …

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Trump Refinances $100 Million Mortgage On Trump Tower With A Bank Headed By A Political Supporter

Trump Refinances $100 Million Mortgage On Trump Tower With A Bank Headed By A Political Supporter

Demonstrators hold a banner reading “Indict Trump” at Trump Tower prior to a protest on the first anniversary of the January 6 riots at the Capitol. (Photo by Erik McGregor/LightRocket via Getty Images) LightRocket via Getty Images Donald Trump refinanced Trump Tower in February, taking out a $100 million loan, according to documents recorded Tuesday …

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