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

OpenSea Insider Case: Is This the End of Crypto Regulation?

OpenSea Insider Case: Is This the End of Crypto Regulation?

The reversal of Nathaniel Chastain’s conviction is a further gut punch. This message resonates far beyond free market advocates. It indirectly stands against the very belief that crypto can transform into a more reliable environment. The Wild West days are certainly not over. I fear for all of us if...

NFT Insider Trading Case Overturned? Here's Why It's Hilarious (and Terrifying)

NFT Insider Trading Case Overturned? Here's Why It's Hilarious (and Terrifying)

Oh, brilliant! Just brilliant. So, the guy who supposedly front-ran NFTs on OpenSea gets to go free? Are you KIDDING me? I'm picturing him right now, sipping champagne, while the rest of us are out here trying to decide if we can afford ramen and gas this week.This is not...

Lean Ethereum: Pragmatic Progress or Just Another Crypto Pipe Dream?

Lean Ethereum: Pragmatic Progress or Just Another Crypto Pipe Dream?

10,000 TPS on Ethereum Mainnet? Really? We've heard promises before, haven't we? Justin Drake's "Lean Ethereum" roadmap, with its ambition to boost Ethereum's performance to rival traditional payment networks, sounds fantastic on paper. But hold on a minute there speedy driver. Is this moment a one-off, or a genuine opportunity...

Ethereum's 10K TPS Dream: Will 'Lean' Fix the NFT Gas Crisis?

Ethereum's 10K TPS Dream: Will 'Lean' Fix the NFT Gas Crisis?

Okay, let's be real. And how many of us have really followed through on an NFT mint. And sometimes we have the impression that with those big gas dollars we just paid for Elon Musk’s next trip into space! As many of you know, I attempted to drop a flock...

Ethereum's ETF Hopes Are Overblown. Here's the Real Story.

Ethereum's ETF Hopes Are Overblown. Here's the Real Story.

Not to say that Ethereum didn’t have a great July, a 50% increase that left everyone thinking ETFs were right around the corner. This isn't about ETFs magically solving all of Ethereum's problems; it's about something far more fundamental – its long-term sustainability.ETF Approval = Guaranteed Success?Absolutely not. The market...

Ethereum's 50% July Surge? It's the Memes, Stupid!

Ethereum's 50% July Surge? It's the Memes, Stupid!

Okay, let's get real. You might have heard the news about Ethereum’s dramatic rise of over 50% in July. Institutional interest, they say. Network upgrades, they claim. Blah, blah, blah. While those things matter, I'm here to tell you the real reason: It's the damn memes, people!Memes Drive Ethereum, Get...

SEC Crypto Shift 3 Altcoins Poised for Institutional Adoption

SEC Crypto Shift 3 Altcoins Poised for Institutional Adoption

The SEC finally woke up. It took years of killed innovation and thousands of entrepreneurs moving abroad. This is more than a celebration – it’s an acknowledgment of a critical, welcomed change of course. This amendment could be the storm that shakes up the crypto establishment. The about-face on crypto...

SEC's Meme Coin Green Light 3 Coins Ready to Moonshot

SEC's Meme Coin Green Light 3 Coins Ready to Moonshot

Hold on to your diamond hands, degens! Did you hear the news? Potty-talk language aside, the SEC—yes, that SEC—actually might be throwing us a bone. Having someone like Atkins take the helm and as a result, almost magically, reversing under Gensler’s iron-fisted grip on all-things crypto feels like winning the...