Tag: riskmodel

Loopscale's $5.8M Hack: A DeFi Risk Model Failure?

Loopscale's $5.8M Hack: A DeFi Risk Model Failure?

Meanwhile, Loopscale — a DeFi lending protocol on Solana — has taken a six-figure hit. On April 26th, $5.8 million disappeared, consisting of 5.7 million USDC and 1200 SOL. Ouch. Undercollateralized loans were the attacker’s weapon of choice. Lending markets are currently paused, however, even though some functions have restored....

Further Reading

Solana's LaunchCoin Experiment: Genius Innovation or DeFi Disaster Waiting?

Solana's LaunchCoin Experiment: Genius Innovation or DeFi Disaster Waiting?

Ben Pasternak, the visionary behind Believe.app, is one of several betting on a future where startups won’t need to go through Sand Hill Road to begin with. He envisions a future of real “Internet Capital Markets.” Here’s how it works. In this utopian vision, developers wouldn’t just submit a glossy...

LaunchCoin and Believe.app Are Here to Steal Your VC's Lunch Money

LaunchCoin and Believe.app Are Here to Steal Your VC's Lunch Money

Picture this: Brenda, an NFT artist who pours her heart and soul into pixelated masterpieces. She’s got the talent, the drive, and a creative community in tune with her art. But Brenda's broke. She’ll need more capital to mint her collection, market it, and scale her operation. So, she goes...

Smart Money's Secret? Why These Crypto Presales Are Defying the Bear

Smart Money's Secret? Why These Crypto Presales Are Defying the Bear

The market’s yelling “bear” from the rooftops, but something just doesn’t compute. You're seeing the headlines, right? Bitcoin predicted to reach absurd highs, altcoin season “just around the corner,” Fear & Greed Index showing signs of greed. Feels… forced, doesn't it? Read as if someone’s avoiding the question because they’ve...

3 Meme Coins About to Moon? The Crypto Presale Hype is REAL

3 Meme Coins About to Moon? The Crypto Presale Hype is REAL

The market’s pumping, Bitcoin’s looking like it just downed a 5-hour Energy and the whole entire world is calling “Altcoin Season! To be frank, figuring out the crypto jungle isn’t easy. It’s like trying to put together IKEA furniture with a bottle of wine! That’s where I come in –...

SOLX: The Layer-2 Solution Bitcoin & Ethereum Holders Are Ignoring

SOLX: The Layer-2 Solution Bitcoin & Ethereum Holders Are Ignoring

We’re all seeing Bitcoin court all-time highs, thanks to ETF inflows. Ethereum's Pectra upgrade is making waves. But in doing so, are we becoming so enamored with the gargantuan bad guys that we’re largely overlooking the young, disruptive seedlings growing up at their toes? I'm talking about SOLX, a Layer-2...

Bitcoin & Ethereum? Nah, SOLX is the Real 2025 Crypto Party

Bitcoin & Ethereum? Nah, SOLX is the Real 2025 Crypto Party

Okay, let's be real. Are you actually excited about Bitcoin ETFs? Seriously? Looking them uploading their BTC stash to BlackRock’s ETF pipeline as you F5 on CoinGecko praying for a 0.5% pump. That's your idea of a party? Sounds more like watching paint dry... slowly. And Ethereum? And don’t even...

Crypto's Next Stars? 7 Picks That Actually Solve Real Problems

Crypto's Next Stars? 7 Picks That Actually Solve Real Problems

Forget lambos and laser eyes. The crypto market is changing at an astonishingly fast pace. By 2025, the projects that will come to the fore will be those that solve practical, everyday issues instead of reaching for the stars. It’s time to tune out the chatter and focus on seven...

Blast's Safe Exit: A Necessary Risk Mitigation or a DeFi Power Grab?

Blast's Safe Exit: A Necessary Risk Mitigation or a DeFi Power Grab?

The DeFi world moves fast. One minute you’re fully integrated, the next minute you’re breaking off and developing your own in-house solution. Layer-2 blockchain Blast — backed by crypto VCs Paradigm and founded by Blur’s Pacman — just ended its integration with Safe (formerly Gnosis Safe). The decision grew out...