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Tag: uncollateralized

Sam Altman’s Worldcoin Unveils World ID Protocol and SDK

Worldcoin introduced its World ID protocol and software development kit today. Sam Altman, CEO of ChatGPT developer OpenAI, co-created Worldcoin and...

Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies

On March 13, 2023, Euler Finance, an Ethereum-based noncustodial lending protocol, became the victim of a flash loan attack. The attacker managed to steal...

Binance pivots to stablecoins after SEC regulatory action

Binance, the world’s largest cryptocurrency exchange by trading volume, has turned to alternative stablecoins following regulatory action by the US Securities and Exchange Commission...

Here’s how Binance is mitigating its stablecoin needs after BUSD ban

Binance has turned to a new set of stablecoins in the wake of the United States Securities and Exchange Commission’s (SEC) regulatory action against...

Maple Finance Reveals $100 Million USDC Liquidity Pool

Maple Finance has launched a receivables financing pool with a credit facility of up to $100 million. The pool has been launched in...

Solana Price Prediction: It is Gaining Momentum?

Join Our Telegram channel to stay up to date on breaking news coverage Solana (SOL) is one of the few cryptocurrencies that has made a...

Crypto Crackdown Intensifies as NY Hits Coinbase and Mashinsky

NY Attorney General Alleges Celsius Founder of Defrauded Customers; Coinbase Fined $50M In a one-two punch, New York state authorities slapped Coinbase with a...

Santas and Grinches: The heroes and villains of 2022

From an outside perspective, 2022 has been a rollercoaster ride for crypto. The market reached a total valuation of $3 trillion during the bull...

Binance Announces Completion of Second Round of Terra ($LUNA) Airdrop to $LUNC and $USTC Holders

Leading cryptocurrency Exchange Binance has announced it completed the distribution Terra’s ($LUNA) second airdrop to eligible users who held Terra Classic ($LUNC) and TerraClassicUSD...

SBF Directed $8B Alameda Liabilities to an FTX Account He Called ‘Weird Korean,’ Says CFTC

As part of its extensive legal complaint filed Tuesday, the US Commodities and Futures Trading Commission has alleged that former FTX CEO Sam Bankman-Fried...

CFTC and SEC File Damning Complaints Against Sam Bankman-Fried and FTX

Two major US regulators, the Commodity and Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), filed simultaneous complaints against disgraced crypto...

Maple Finance Debt Indicates Crypto Lending Risks With No Collateral

The emergence of Maple Finance brought a different approach to the entire process. This bold DeFi lending protocol requires no deposit of extra crypto...

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